Question

what is barter system?
pls explain with an example
i will mark u brainlist

Answer 1

Answer:

Barter system means in earlier days people buy the rice and needy things with exchange of sheep's or cows that means now we are paying money know..so in the same way in earlier days people buy needy things by exchanging the goods...

Example:

Bread is provided in exchange of butter...

I hope you understand....

please add as brain list....

Answer 2

Barter 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. It is distinguishable from gift economies in that the reciprocal exchange is immediate and not delayed in time.

or

The act of trading goods and services between two or more parties without the use of money. Bartering benefits individuals, companies and countries that see a mutual benefit in exchanging goods and services rather than cash, and it enables those who are lacking hard currency to obtain goods and services.

exampleI :-may say “She bartered with the street vendor and eventually got the second-hand watch for just $5.” That means she negotiated the price and managed to get a good reduction.