the use of the barter system declined around 2500 years ago in the Indian sub continent what could have been the reason for the decline
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In such a case, barter system involves wastage of time and efforts. (b) Common Measure of Value: Constitutes one of the important reasons for the failure of the barter system. In barter system, there is no common measure of value; therefore, it is difficult to find out any fixed ratio for exchanging goods and services.
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the use of the barter system declined around 2500 years ago in the Indian sub continent what could have been the reason for the decline
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the use of the barter system declined around 2500 years ago in the Indian sub continent what could have been the reason for the decline
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