Question

What is the economic system called that allows exchange of rice instead of clothes?​

Answer 1

Answer:

This type of exchange is the foundation of a bartering economy.

Hope you will like it.

Please mark me as Brainliest.

Answer 2

The system is known as Barter System.

• A barter method is an ancient way of exchanging various commodities and services. This method has been in use for millennia, even before the invention of money.
• People traded various commodities in exchange for other services and products. The value of things bartered can be agreed upon with the other party.
• For example, the exchange of bread for butter, or clothes for any other item.