Commerce Exam > Commerce Questions > Money has originated from the difficulties of...
Start Learning for Free
Money has originated from the difficulties of barter system. Explain this statement?
Most Upvoted Answer
Money has originated from the difficulties of barter system. Explain t...
The five main difficulties found in barter system are as follows: 1. Double Coincidence of Wants 2. ... Various difficulties were faced by the people in the barter economy. There was no acceptable means of payment for the direct purchase of goods and services in the barter economy.
Community Answer
Money has originated from the difficulties of barter system. Explain t...
The difficulties of barter syatem are * lack of common measure of value , * lack of divisibility , * lack of store of value *double coincedenceof wants * problem of future payments , etc.
All these difficulties are solved through money as it is commonly acceptable, act as a store of value , measure of value and is also be stored for future payments.
All these difficulties are solved through money as it is commonly acceptable, act as a store of value , measure of value and is also be stored for future payments.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
Money has originated from the difficulties of barter system. Explain this statement?
Question Description
Money has originated from the difficulties of barter system. Explain this statement? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Money has originated from the difficulties of barter system. Explain this statement? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Money has originated from the difficulties of barter system. Explain this statement?.
Money has originated from the difficulties of barter system. Explain this statement? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Money has originated from the difficulties of barter system. Explain this statement? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Money has originated from the difficulties of barter system. Explain this statement?.
Solutions for Money has originated from the difficulties of barter system. Explain this statement? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Money has originated from the difficulties of barter system. Explain this statement? defined & explained in the simplest way possible. Besides giving the explanation of
Money has originated from the difficulties of barter system. Explain this statement?, a detailed solution for Money has originated from the difficulties of barter system. Explain this statement? has been provided alongside types of Money has originated from the difficulties of barter system. Explain this statement? theory, EduRev gives you an
ample number of questions to practice Money has originated from the difficulties of barter system. Explain this statement? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup