how is barter system better than money system?
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2
There are some people say that barter system is better than money system in following reason first one there was no money to carry anywhere so there was no any problem of money after paisa during barter system anybody can see if anyone by giving some less amount of grain so it will quit better than the money system for those who wanted to cheat
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Barter system is not better than money system because barter system had limitations due to which money system was started. Actually the limitations were-
1-Exchange value
2-double coincedence of wants
3-storage value
The above limitations were hurdle to barter system so money system was invented. There was also transformations before money system. Animals were used as medium of exchange then metal coins like gold coins silver coins etc..
So due to this money system came into existence.
1-Exchange value
2-double coincedence of wants
3-storage value
The above limitations were hurdle to barter system so money system was invented. There was also transformations before money system. Animals were used as medium of exchange then metal coins like gold coins silver coins etc..
So due to this money system came into existence.
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