Geography, asked by poorvijogi, 10 months ago

what is barter system​

Answers

Answered by Anonymous
1

Answer:

its an ancient medium by which goods were exchanged without the use of money

finding frnd


aman1234569: ya its right
Anonymous: thnx bro
Answered by utkarshmishra9819
1

Answer:

Barter system involves economic transfer of items without direct involvement of token currency. Instead of paying a person in notes of money for some item or service you can pay him with other items equivalent in value such as Kgs of wheat for the the amount of work procured or something bought.

For an example if you had to buy an ice cream you didn't necessarily have to pay him in notes. You could also give him flour,or other items equivalent in value.

Similar questions