what do you mean by Barter system?
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A barter system is an old method of exchange. Th is system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return.
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Explanation:
A barter system is an old method of exchange. Th is system has been used for centuries and long before money was invented. Barter is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money.
An example of barter is bread provided in exchange for butter.
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