what is a barter system? What are its drawbacks??
Any Answers????........
Answers
Answered by
1
Answer:
Drawbacks of Barter Systems: 1. Lack of double coincidence of wants. 2. Lack of a common measure of value
Explanation:
I hope it will help you
Answered by
2
➖Hey mate , Here is the answer ➖
Question : what is barter system ? Answer:✔
Exchange of goods and services is called Barter system ...
Drawbacks of barter system :
* It leds to lack of double coincidence of wants .
* The valuation is not appropriate at all the time .
* It is time consuming .
* Many products can't be changed or divided .
✌hope it will help You ✌
❤plz mark it as brainliest ❤
.☑..Ask Your doubt if any exist ...☑.
Similar questions