ineedmyworkdone98 ineedmyworkdone98
  • 16-11-2020
  • Geography
contestada

Why do you think we don't use a barter system anymore?

Respuesta :

manjulamuliki1984
manjulamuliki1984 manjulamuliki1984
  • 16-11-2020

Answer:

Barter system had many deficiencies such as

★Lack of double coincidence of wants

★Common measure of value

★Indivisiblity of commodities

★Difficulties of storing wealth

So we don't use barter system anymore

Answer Link

Otras preguntas

How did the U.S. acquire the territories of California, Nevada, Utah, and parts of Arizona, New Mexico, Colorado, and Wyoming in 1848?
what are the different types of war poetry?
what is a 'cheap shot'?
what is a fallacy of reasoning?
Find the vertex, focus, and directrix. y = 1/24(x+1)² - 3.
11 divided by 1/3 (fraction form)
what are adjective clauses?
emmanuel wants to tile his rectangular floor. he has two kinds of tiles to choose from, one of which is larger than the other. emmanuel hired your services to
a new motor home costs $89000. It is expected to depreciate 9% each year.Find the value of the motor home in 4 years.
what are bathroom books?