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what's the main problem with the barter system of exchange?
what's the main problem with the barter system of exchange?
Answer
I think the main problem of barter system is that you can't find the exact value of a thing you want to exchange.
For you want to buy a TV which is worth 2 fridges and a pan, but you only have one fridge and a pan.
What to do in such a scenario?
That's of course a very simple example but I hope it shows the nature of what I tried to say :)
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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 20 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 353 views.