Question

What is meant by division of labour and barter system ​

Answer 1

Answer:

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In the barter system, buying/selling/trade can only happen, when two parties want each other's stuff- the double coincidence of wants e.g. farmer wants haircut and barber wants rice from that farmer......

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Answer 2

Explanation:

Division of Labour

In the barter system, buying/selling/trade can only happen, when two parties want each other's stuff- the double coincidence of wants e.g. farmer wants haircut and barber wants rice from that farmer.

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