10th Class Social Science Money and Credit Question Bank 10th CBSE Social Science Money and Credit

  • question_answer                 State three disadvantages of the barter system.

    Answer:

                      (i) In a barter system, double coincidence of wants is required. (ii) Here, the person is required to sell only what the other wishes to buy. (iii) If both parties do not agree, the goods cannot be exchanged for goods.


You need to login to perform this action.
You will be redirected in 3 sec spinner