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miskamm [114]
4 years ago
9

Which type of economy features a direct exchanges of goods or services without the use of money?

Business
2 answers:
gayaneshka [121]4 years ago
7 0

The answer is BARTER or TRADE

cestrela7 [59]4 years ago
4 0

Answer:

The answer would be Barter System.

Explanation:

In today's world, companies sell their product of services to the people and take money in exchange of their product or service. People pay money to buy something they want. But long ago, before the invention of money or currency, there was a system in which goods were exchanged for goods and services were exchanged for services. This system was called as the Barter System. In this system, people exchange their products or services to other people for their product or services. No money was involved. If people wanted to buy some products, then they should exchange their own product so that they can buy that specific product that they need.

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On February 1, 2014, Nelson Corporation purchased a parcel of land as a factory site for $280,000. An old building on the proper
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The computation of cost of the land and new building is shown below:-

Land = Parcel of land + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials resulting from demolition were sold

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We simply applied the above formulas

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