chris0522c chris0522c
  • 19-04-2021
  • Social Studies
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What are disadvantages of the barter system

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abdullanadeem
abdullanadeem abdullanadeem
  • 19-04-2021

Answer:

Lack of double coincidence of wants.

Lack of a common measure of value.

Indivisibility of certain goods.

Difficulty in making deferred payments.

Difficulty in storing value.

Explanation:

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billyselena
billyselena billyselena
  • 19-04-2021
There is no question of over or under-production under the barter system since goods are produced just to meet the needs of the society
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