Question

What is the barter system?

Answer 1

Answer:

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.

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Answer 2

Answer:

Barter system is nothing dear just exchange goods in terms of goods only not money (remember)

example :-you are and you need sugar and you have wheat at your home so first you have to find another person who need wheat and provide you sugar so here goods are exchanged in terms of goods.