MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Barter System

What was the ...

Question

What was the main problem of Barter system.

Open in App

Solution

The main problem of this system was availability of such a person who could accept the commodity produced by a person and could make available the commodity required by him.

Suggest Corrections

thumbs-up

3

Similar questions

Q. Difficulty with barter system was

Q. What was 'Barter System' based on?

What are the main functions of money? How does money overcome the shortcomings of a barter system?

Q. Which of the following is not a problem of barter system of exchange?

Q. Explain "difficulty in storing wealth" problem faced in the barter system of exchange.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Concept of the Barter System

CIVICS

Watch in App

explore_more_icon

Explore more

Standard VI Civics

Join BYJU'S Learning Program

CrossIcon