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What else can I help you with?
What system of trade did money replace?
Barter
Who were the first to replace the barter system with a coin?
Sumerians
What are the difficultes of barter system?
what is the difficultes of barter system in world economy
How do you use silent barter in a sentence?
Our class reenacted a silent barter scene.
Who invented barter system?
barter system was invented by Cris Dolan in 1880s in England.
Why did liquid cash replace the barter system?
Simply, the transferability of money made it a better store of value than barter which required that both parties desire the object/service proffered by the other person.
What involves the direct exchange of goods and services without the use of money as a. Medium of exchange?
Barter system
What is the significant of barter?
In barter economy, commodities were exchanged in the market. It was before the evolution of currency system that barter economy existed. Even today, in remote rural areas of India, the barter system still exists.
Does th choctaw people have a money or barter system?
they had a barter system. they didn't have money, just trade goods,
What were the Phoenician coins for?
A means of trading to replace barter.
What is it when people traded goods?
A trade, an exchange, or barter. An economic system which operates without money is called a barter system.
Do countries still use barter system?
No. Barter System was one of the ancient ways of exchange of goods and services. Nowadays cash and currency has replaced the barter system. People usually pay for goods and services in money.
