Question

what is disadvantage of Barter system in modern era

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Answer 1

Answer:

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❥Another difficulty of barter system is that goods and services cannot be transported conveniently from one place to another. For example, it is not easy and without risk for an individual to take heaps of wheat or herd of cattle to a distant market to exchange them for other goods

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Answer 2

Answer:

the disadvantages of barter system were goods are limited , need for double coincidence of wants, difficulty of division and subdivision of goods, difficulty in calculating the value of goods, difficulty in the case of services and difficulty in strong value