Economy, asked by ajay82, 1 year ago

what is a barter system and what are its features

Answers

Answered by crystal015
8
A barter system is an old method of exchange. This is a system which has been used for centuries and long before money was invented .People exchanged goods and services for other goods and services in return.
The main feature of barter system is that it is direct exchange of goods and services.
It requires the double coincidence of want.
Barter system eliminates the use of money.
Answered by priya413
6
it is a method where people exchange things by expensive things....

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