two disadvantages of bartes system?
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Major disadvantages of the barter system. The disadvantages are:
1. Lack of Double Coincidence of Wants
2. Lack of a Common Measure of Value
3. Indivisibility of Certain Goods
4. Difficulty in Storing Value
5. Difficulty in Making Deferred Payments
6. Lack of Specialization.
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THESE ARE THE ANSWERS
1)Lack of double coincidence of wants
2)Lack of a common measure of value.
3)Indivisibility of certain goods.
4)Difficulty in making deferred payments.
5)Difficulty in storing value.
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