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because in barter system u must have that thing in that very quantity which the other person wants with whom u want to exchange.an eg. will clear evrything.
eg.) suppose u r a farmer u have wheat and u want bricks and cement to build ur house but the person having bricks want oil and the person having cement wants newspaper than in this case barter system fails but money sysyem is good bcoz money is kind of equally valuable thing written on it i.e. 1 kg wheat=0.5$ and 1 kg cement=1.5$.
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∙ 12y ago
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Does th choctaw people have a money or barter system?
they had a barter system. they didn't have money, just trade goods,
What system does a barter system operate without?
money
Goods and services are exchanged without the use of money in which system?
Barter
What best explains how the invention of money affected the barter system?
The invention of money supplemented the barter system by providing a nonperishable medium of exchange.
What involves the direct exchange of goods and services without the use of money as a. Medium of exchange?
Barter system
Does th choctaw people have a money or barter system?
they had a barter system. they didn't have money, just trade goods,
What system does a barter system operate without?
money
Goods and services are exchanged without the use of money in which system?
Barter
What best explains how the invention of money affected the barter system?
The invention of money supplemented the barter system by providing a nonperishable medium of exchange.
What involves the direct exchange of goods and services without the use of money as a. Medium of exchange?
Barter system
What system of trade did money replace?
Barter
What was the system before money called?
barter
The barter system is a system of trade that operates without?
money
What is it when people traded goods?
A trade, an exchange, or barter. An economic system which operates without money is called a barter system.
What are examples of money?
A barter system uses no money. A volunteer does not work for money.
What is the exchange of goods or services without the use of money?
The exchange of one good for another without the use of money is called Barter.
What are non examples of money?
A barter system uses no money. A volunteer does not work for money.
