Social Sciences, asked by dimplemani, 3 months ago

what are the difficulties of barter system of exchange? how has money solved these problem....​

Answers

Answered by Anonymous
1

Thus, lack of a standard unit of account with which to measure values of different goods and services made exchange or trade difficult. 3. Impossibility of Subdivision of Goods: Another problem faced under the barter system for exchange of goods was impossibility of subdivision of goods without loss of their value.

Answered by Anonymous
2

Answer:

Thus, lack of a standard unit of account with which to measure values of different goods and services made exchange or trade difficult. 3. Impossibility of Subdivision of Goods: Another problem faced under the barter system for exchange of goods was impossibility of subdivision of goods without loss of their value.

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