What is Barter System
Answers
These is an Old system of exchanging goods together. This system has been used for centuries and long before money was invented.In this system people buy goods from another person and in return he gives something he needs, instead of money we are using today. In hindi "barter system:" is called "Wastu Winimai"
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▶️barter system is a process , by which goods and services are exchanged without the use of money .
Or...
▶️Barter system is treading of products and services from other products or services.
▶️It is the earliest form of exchange's of goods and services.
▶️It was used a long before when money was not used.
▶️Record keeping was not necessary during this system.
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