what is a Barter system
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ᴀ ʙᴀʀᴛᴇʀ ꜱʏꜱᴛᴇᴍ ɪꜱ ᴀɴ ᴏʟᴅ ᴍᴇᴛʜᴏᴅ ᴏғ ᴇxᴄʜᴀɴɢᴇ. ᴛʜ ɪꜱ ꜱʏꜱᴛᴇᴍ ʜᴀꜱ ʙᴇᴇɴ ᴜꜱᴇᴅ ғᴏʀ ᴄᴇɴᴛᴜʀɪᴇꜱ ᴀɴᴅ ʟᴏɴɢ ʙᴇғᴏʀᴇ ᴍᴏɴᴇʏ ᴡᴀꜱ ɪɴᴠᴇɴᴛᴇᴅ. ᴘᴇᴏᴘʟᴇ ᴇxᴄʜᴀɴɢᴇᴅ ꜱᴇʀᴠɪᴄᴇꜱ ᴀɴᴅ ɢᴏᴏᴅꜱ ғᴏʀ ᴏᴛʜᴇʀ ꜱᴇʀᴠɪᴄᴇꜱ ᴀɴᴅ ɢᴏᴏᴅꜱ ɪɴ ʀᴇᴛᴜʀɴ.
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The direct exchange of goods without the use of money in place of goods and services is called barter system.
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