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Very important 3 marks question what are the limitations of the barter system |
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Answer» And write it in point wiseIt will give nice presentation If it is soFirstly write definition• Basic requirement is neglected.• Natural resources are wasted.• Due to lack of knowledge and consumers are exploited.• Increase in disparity of income.• There is a fear of monopoly, economic instability, exploration of labour etc Market system??? |
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