Limitation of barter system:Barter is a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange,There have some limitation:
1) Desirability
2)Transferability
3)Divisibility
4)Coincidence of demand
5)Problem with valuation
6)Storage problem
7)Carrying problem
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Limitation of barter system:Barter is a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange,There have some limitation:
1) Desirability
2)Transferability
3)Divisibility
4)Coincidence of demand
5)Problem with valuation
6)Storage problem
7)Carrying problem
describing limitations on the barter system would be:
1) Desirability
2) Transferability
3)Divisibility
SK (apex)
Our class reenacted a silent barter scene.
barter system was invented by Cris Dolan in 1880s in England.
Barter system
they had a barter system. they didn't have money, just trade goods,
Barter