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What is barter system |
| Answer» this system was followed at the time of civilisation. in this people used to exchange goods for acquiring new goods. for eg now we give money and purchase our required goods. but earlier people used to give their goods to say sellers for acquiring new goods. Also for eg. like if a farmer had wheat aand wants to buy a pair of shoes, then he used o give his wheat to the seller and buy the pair of shoes.(instead of paying him a certain amount of money) | |