what is barter system and its limitations
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Barter system - It is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money.
Limitations of barter system are :-
1) No store of value.
2) No possibilities
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Barter system - It is a system of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money.
Limitations of barter system are :-
1) No store of value.
2) No possibilities
HOPE IT HELPS YOU ☺☺ !!!
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