What do you mean by Barter System?
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Barter is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in that the reciprocal exchange is immediate and not delayed in time
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It is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange such as money.
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