Question

what is barter system​

Answer 1

Barter system - It is an old system of exchange , It is very old before the money was not in use

In this people exchange services and goods for other services and good in return

Answer 2

Answer:-

Barter system of exchange is a system in which goods are exchanged for goods. It means a double coincidence of wants for example if as a farmer you have a surplus production of rice you are looked for a person who need rice and at the same time has cloth ,which you need for yourself .money act as a common medium of exchange no such common medium of exchange exist in the CC economy where goods are exchanged for goods.