explain the disadvantages of bartar system
Answers
Answered by
1
Explanation:
The disadvantages of barter system were Goods were limited, Need for Double Coincidence of wants, Difficulty of Division and Sub - division of Goods, Difficulty in calculating the value of goods, Difficulty in the case of services and Difficulty in Strong Value.
Answered by
1
Explanation:
it was a useful system but it had some disadvantages as follows,
1. people couldn't exchange the same kind of things.
2. they didn't get right value of the products exchanged.
3. it wasn't easy to carry the things for eg. land, furniture etc
4. it was hard to find people having need of exchanging same kind of things
hope this is helpful...
Similar questions