what is Barter system? Explain one of it's important feature?
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1
Answer:
The Barter system is the Exchange of Goods to get goods
Feature:
- It eliminates the usage of money…
- Anyone can exchange [no matter rich or poor]
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6
Answer:
Explanation:
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.
it's important feature
barter (derived from baretor) is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.
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