Question

Explain the working of barter system?

Answer 1

in barter system one person wants to exchange his goods with other goods and for that he would have to find a person who wants buy the first persons goods in exchange of his goods

Answer 2

$\huge \mathfrak {Answer:-}$

$\bold{Barter\:System}$ is that system in which goods are exchanged for goods.

In $\bold{ancient\:times}$ when money was not invented trade as a whole was on barter system.

This was possible only in a $\bold{simple\: economy}$ but after the development of economy, direct exchange of goods without the use of money, was not without defects.

There were various $\bold{defects}$ in this system. 

$\huge \text{Be\:Brainly}$❤️