Question

What were the problems in barter sustem? Write any 6 points.

Answer 1

Double Coincidence of Wants 2. Lack of a Standard Unit of Account 3. Impossibility of Subdivision of Goods 4. Lack of Information 5. Production of Large and Very Costly Goods not Feasible.

Answer 2

Answer:

There are five basic laws of chemical combination that govern the chemical combinations of elements:

Law of Conservation of Mass.

Law of Definite Proportions.

Law of Multiple Proportions.

Gay Lussac's Law of Gaseous Volumes.

Avogadro's Law.