Name a system of trade in which goods are exchanged without the use of money *
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barter system
in barter system goods can be exchanged without utilising money but this system is considered to be very difficult and can be non profitable in many cases since there is no standard method of payment
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Answer:
BARTER SYSTEM
IN PAST BARTER SYSTEM IS USED AT THE PLACE OF MONEY BUT IT END BECAUSE THERE ARE MANY PROBLEMS IN THE SYSTEM
FOR EX= I WANT SHOES IN THE PLACE OF RICE BUT THE PERSON IS DEMANDING WHEAT SO HOW CAN WE HANDELE IT THIS THE ONE OF THE MOST BIGGEST REASON FOR ENDING OF BARTER SYSTEM
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