what is barter system
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Barter is an act of trading goods or services between two or more parties without the use of money (or a monetary medium, such as a credit card). In essence, bartering involves the provision of one good or service by one party in return for another good or service from another party
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Barter system means when we exchange commodity in from of goods is barer system. There is no cash or bank involve no money involve is the barter system. For eg. Rohan. Has 3 kg rice and suman has 4 liter milk. Suman need rice and Rohan need milk they exchange the commodity and fulfill their demand
this the barter system.
this the barter system.
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