Business Studies, asked by buntykumarb41, 9 months ago

which system of exchange was prevalent in times of ancient civilization ​

Answers

Answered by priyanshubrainly90
6

Explanation:

Bartering

Bartering is trading services or goods with another person when there is no money involved. This type of exchange was relied upon by early civilizations..

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Answered by Anonymous
2

The system of exchange that was prevalent in ancient civilization was the Barter System.

  • An old form of trade is the barter system.
  • This system was used for centuries during ancient civilization, long before the invention of money.
  • Under the barter system, people used to exchange the commodities in return for other commodities
  • Generally, in ancient times, bartering included people in the same region so as to be an easy exchange process.
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