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Tamil Nadu Board of Secondary EducationSSLC (English Medium) Class 6

What is called barter system? - Social Science

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Question

What is called barter system?

Short Note

Solution

  1. The system of exchanging goods for other goods is called the barter system.
  2. This was followed in the olden days.
  3. For example, exchange a bag of rice for enough clothes.
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Evolution of Buying and Selling of Goods
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Chapter 4.1: Economics-An Introduction - Exercises [Page 192]

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Samacheer Kalvi Social Science - Term 2 [English] Class 6 TN Board
Chapter 4.1 Economics-An Introduction
Exercises | Q V. 2 | Page 192
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