Question

explain two demerits of barter system ​

Answer 1

Answer: 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.

Answer 2

Explanation:

lack of double coincidence of wants .

lack of a common measure of value .

indivisibility of certain goods.

difficulty in storing value.