Accountancy, asked by rrejitha261, 5 months ago

what is meant by barter system ? ​

Answers

Answered by surajmelligeri357819
2

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. Today, bartering has made a comeback using techniques that are more sophisticated to aid in trading; for instance, the Internet. In ancient times, this system involved people in the same area, however today bartering is global.

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Answered by jasspanesar118
2

Explanation:

barter system is mainly followed in traditional system where goods are exchange with goods.No money term is exist in that tym.

for e.g if anybody wants to sell apples and purchase books then he found that person who wants to sell books and purchase apples in this there trading is exist .it's a barter system

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