what are the draw backs of the barter system? why do you think it was discontinued?
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the drawback of barter system is that sometimes expensive thing is exchanged in place of cheap thing thats why this was discontinued by Alauddin khilji
Answered by
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1. In this system, coincidence of wants was necessary.
2. It was time consuming.
3. Quantity of a good could not be decided by the buyer
2. It was time consuming.
3. Quantity of a good could not be decided by the buyer
khushi712:
Thanks
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