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What are the limitations of barter system?????

The limitations of barter system are:

1) It is a long process.

2) Sometimes more valuable things get exchanged with less valuable things.

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 The limitations of barter system are:

1. Many goods are not portable.

2. It requires a double coincidence of wants which is rarely possible.

3. Valuation of goods is very difficult.

4. Many goods can not be divided.

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1.for barter to occur between two people both would need to have what the other wants. 2.absence of common measure of value.3.indivisibility of certain goods.4.lacks of standards for deferred payment.5.difficulty in storing went.
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             * Two people with different types of needs and goods must be there to satisfy each other's needs.
             * There are many products which cannot be divided.
             * Valuation of goods is very difficult.
             * Barter system is time consuming.
Hope this helps.
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1). Two people with different types of needs and goods must be there to satisfy each other's needs. 2). There are many products which cannot be divided. 3). Valuation of goods is very difficult. 4). Barter system is time consuming.
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1. Barter System can work only when both buyer and seller are ready to exchange others good. 2. Under Barter System there is no common measure of value of good s and services.
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  • Barter System can work when there exists 'Double Coincidence of Wants
  • The major limitations of Barter Exchange are
  • Lack of Double Coincidence of Wants
  • Lack of Common Measure of Value
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1- it is a long process 2- many goods are not portable 3- barter system is time cosuming 4- valution of good is very difficult
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