what do you understand by bartar system ?
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The barter system is a system of trade that does not involve currency (or money). The barter system is a system of trade in which one good of value is traded with another good of equal value .
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The barter system is a system of trade that does not involve currency (or money). The barter system is a system of trade in which one good of value is traded with another good of equal value .
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A barter system
- A barter system is an old method of exchange.
- it has been used for centuries and long before money was invented.
- People exchanged services and goods for other services and goods in return.
- The value of bartering items can be negotiated with the other party.
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