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Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 8

What are the disadvantages of barter system? - Social Science

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Question

What are the disadvantages of barter system?

Short Note

Solution

  1. Lack of double coincidence of wants,
  2. Common measure of value
  3. Indivisibility of commodities
  4. Difficulties of storing wealth.
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Evolution of Money
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Chapter 4.1: Money, Savings and Investments - Evaluation [Page 236]

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Samacheer Kalvi Social Science [English] Class 8 TN Board
Chapter 4.1 Money, Savings and Investments
Evaluation | Q VIII. 1 | Page 236
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