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nikdorinn [45]
2 years ago
10

What is a barter economy? How effective would a bartering system be in today’s economy? Explain.

History
1 answer:
nalin [4]2 years ago
3 0

Answer:

Barter Economy and Money Economy

To barter means to trade goods directly rather than through the medium of money. Thus a barter economy is one where money does not exist or has ceased to be functional. ... Therefore, money tends to involve as a way to facilitate transactions between two people.

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