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Komal , asked a question
Subject: Social Science , asked on 22/1/15

 What is barter system?Explain in detail.

Shivani Lohani , From Mount Olivet School , added an answer
Answered on 8/11/11
barter is where people exchanged goods for other goods like trading a loaf of bread for some jam.Alot of people on the map use the barter systems and aboriginals used that barter system but could only trade with themselves..


 
Barter System is that system in which goods are exchanged for goods. In ancient times when money was not invented trade as a whole was on barter system. This was possible only in a simple economy but after the development of economy, direct exchange of goods without the use of money, was not without defects.


 
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Shivani Lohani , From Mount Olivet School , added an answer
Answered on 8/11/11

hpe it helps

Hemal , From Dalmia Public School , added an answer
Answered on 8/11/11

 exchange of goods for trading.

Sonakshi Mittal , added an answer
Answered on 8/11/11

barter system is exchage of goods without the use of

money :)

akaash25 , From Vani Vidyalaya Virugambakkam , added an answer
Answered on 9/11/11

 a system where goods are directly exchanged without the use of maney e.g, a farmer exchanging his wheat with shoes produced by a shoe manufacturer

Anitha Asokraj , added an answer
Answered on 9/11/11

sumbody answer me this question in an exact way..

Shivani Lohani , From Mount Olivet School , added an answer
Answered on 15/11/11

simple....Barter System is that system in which goods are exchanged for goods...

Komal , added an answer
Answered on 22/1/15
It is a system..in which goods are exchange without any help of money.. like it can change by goods from goods;products by products but not with the exchange of money, called barter system.
Komal , added an answer
Answered on 22/1/15
for example-An wheat seller: Exchange his wheat with an shoe maker.... is also an barter system...

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