Social Sciences, asked by manima44, 4 months ago

discuss the difficulties and constraints of barter system​

Answers

Answered by Anonymous
5

Explanation:

Barter system had many difficultieswhich were faced by the people like lack of double coincidence of wants, lack of a common unit of value, difficulty of future payments or contractual payments anddifficulty of storage of value and transfer of value.

Answered by priya2013
1

Answer:

Barter system was a system of exchange where goods were exchanged for goods and there was no common medium of exchange in the economy. Barter system had many difficulties which were faced by the people like lack of double coincidence of wants, lack of a common unit of value, difficulty of future payments or contractual payments and difficulty of storage of value and transfer of value.

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