Question

what is barter system....​

Answer 1

Answer:

A barter system is an old method of exchange. Th is system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return. ... The value of bartering items can be negotiated with the other party.

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Answer 2

Barter is a system of exchange of goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in many ways,one of them is that the reciprocal exchange is immediate and not delayed in time.

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