Question

what are the disadvantages of barter system​

Answer 1

Answer:

1 lack of a standard unit of account with which to measure values of different goods and services made exchange or trade difficult.

2 Impossibility of Subdivision of Goods 3Another problem faced under the barter system for exchange of goods was impossibility of subdivision of goods without loss of their value.

Answer 2

Answer:

SOME DISADVANTAGES OF BARTER SYSTEM ARE:

• Double Coincidence of Wants: ...
• Absence of Common Measure of Value: ...
• Lack of Divisibility: ...
• The Problem of Storing Wealth: ...
• Difficulty of Deferred Payments: ...
• Problem of Transportation:

Explanation:

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