CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is an example of barter system?


A

Buying a football online

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Getting a pencil free with a pencil box

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

Exchanging a book for a board game

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D

Buying a pencil for ₹10 from a friend

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C

Exchanging a book for a board game


Barter system is a system where goods are exchanged for other goods without the use of money. In all the other options except "Exchanging a book for a board game", goods have been bought in exchange for money. Only in this option, goods(board game) have been bought in exchange for other goods(book).


flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Concept of Money
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon