Economy, asked by creamiepie, 1 year ago

What leads to interdependence in barter system.

Answers

Answered by khushitaori99
3
Interdependence means mutual dependence on each other. In Barter exchange the Goods are exchange with goods. That is a person needs to find a person who will exchange his goods with the goods available with him and both have the desire for each other's good .In this way both the buyer and seller are in need of each other and hence their interdependent
Answered by priyaa34
4

Barter is the direct exchange of commodities against commodities . No indiviadual is self sufficient . No individual can produce all the goods and services that the individual needs to satisfy various wants . Therefore , individuals are interdependent . Interdependence leads to barter .

FOLLOW ME

I AM FROM ASSAM

Similar questions