Question

What are difficulties you might come across with, had there been no

currency?
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Answer 1

Answer:

then we would be following the previous system or known as barter system

Answer 2

If there was no currency then the economic policies of the world would have changed.

Explanation:

• firstly without currency there would be the traditional barter system. This is not a uniform system that has been applied throughout the world.

• Hence the comparison of a barter system of a particular Nation will be different from that of another Nation. Hence there will be no linkage of the economy of a region and the global economy.

• In addition to this there is no uniformity of the price and the the demand of an object. Hence the demand cost curve will not be uniform.

To know more,

Explain the three sectors of the economy of India.

https://brainly.in/question/21098054