The system where people exchanged services and good for other services and goods in return is called as ______
A
Barter
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Banking
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Donation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Monitisation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A Barter When goods and services were exchanged for other relevant goods and services and where no currency is involved is called barter system.