What is barter system? Discuss the difficulties and constraints of this system.
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The barter system is the system of trade which was used before money. so if you required a thing let's say a hen so you are going to go to a marketplace for something that you don't want let's say you don't want your shoes so then you are going to change your shoes with that hen and it will be a barter deal.
The cons are that sometimes the deals are some times unfair because their is no scale to measure the stuff.
I think this helps .
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