Social Sciences, asked by nathuramthakre2151, 11 months ago

What are the difficulties of Barter System of exchange? How has money solved these problems?

Answers

Answered by jiyant

12

Thus, the system of barter exchange fulfills to some extent the requirements of both the parties involved in exchange. However, as the transactions increased, inconveniences and difficulties of barter exchange also increasedinvolving rising trading costs. Trading costs are costs of engaging in trade.

Previous Question

Next Question

Similar questions

Math, 6 months ago

a factory made 7579 pencil boxes in the morning and 2064 pencil boxes in the evening. How many pencil boxes were made that day? Pls, give an answer quickly. Whoever gives a quick answer I will make brainliest...

Biology, 6 months ago

Give three reason why red blood cells are good to perform their function.

Biology, 6 months ago

Water is poured down both the models A and B. It is observed that the water that flows from the tray with vegetation contains less amount of soil particles in B then A why...

English, 11 months ago

What will you do if you reach home and find that the house is locked and your parents are not at home? Nursery kid answer...

Math, 11 months ago

what will be the length of longest pole that can be kept in a room (12m×9m×8m) ?

Physics, 1 year ago

a body is moving with velocity of 10 m/s.its the motion is uniform what will be the velocity after 10s?why?

English, 1 year ago

Diary entry- You spent a part of your summer vacation in your village you found that the life in village is closer to nature, which we miss in cities . You are now back home and write a diary page about your stay in village and about your feelings in about 120 words .

Math, 1 year ago

please solve this question...