Question

Social sciences class 10 Read passages and find questions - Answers

Answer 1

Answer:

1).A barter system is an old method of exchange. this system has been used for centuries and long before money was invented. people exchange services and gold for other services and goods in return

2).when a man wants to sell a thing and other man wants to buy that thing this is called needing system. (double coincidence of want)

3). gold coins are the example of barter form of currency

4). modern form of currency

5). modern form of money includes currency and coins. it is accepted as a medium of exchange. because the currency is authorized by the government of India

Answer 2

Answer:

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Explanation:

.A barter system is an old method of exchange. this system has been used for centuries and long before money was invented. people exchange services and gold for other services and goods in return

2).when a man wants to sell a thing and other man wants to buy that thing this is called needing system. (double coincidence of want)

3). gold coins are the example of barter form of currency