what do you meant by barter system?
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Answered by
8
Hello friend
Here's Your Answer
A barter system is an old method of exchange where they exchange goods without money.
Hope it helped you
=KANISHKA
Here's Your Answer
A barter system is an old method of exchange where they exchange goods without money.
Hope it helped you
=KANISHKA
Answered by
5
A process in which we exchange goods to complete our needs..it refers to double coincidence of wants..
for example..i m in need of sugar and you r in wheat so we exchsnge our things to fullfill our needs..it has a negative effect that several tines people exchange the costly good to normal as they dont kniw the real value of it..for eg..a shoe maker could sell hos 100shoe for just a single jacket
for example..i m in need of sugar and you r in wheat so we exchsnge our things to fullfill our needs..it has a negative effect that several tines people exchange the costly good to normal as they dont kniw the real value of it..for eg..a shoe maker could sell hos 100shoe for just a single jacket
Annu2003:
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