Define Barter system?

Class 7 Question

Before some decays ppl used to exchange goods...they took goods from others and in exchange they gave other things..this system is also there in some of the villages...

Muskan Preet
Jul 08, 2018
Barter system is a trade in which goods are exchanged without the use of money

Boyarevula Varsha
Jan 12, 2021
Bartering is the exchange of goods and services between two or more parties without the use of money. ... Individuals and companies barter goods and services between each other based on equivalent estimates of prices and goods.

Jagjit Gill
Jul 06, 2018
Which animal is called the shipof the desert

Siddhi Mundada
Jul 06, 2018
In medieval period,there was no money, so people exchanged goods among themselves to have something from another person.This process of exchanging goods is called barter system

Samridhi Sharma
Jun 11, 2018
Barter is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is distinguishable from gift economies in many ways; one of them is that the reciprocal exchange is immediate and not delayed in time.

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