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gain in exchange of goods
independent work
prompt payments
no inflation
popular in rural areas
evolution of society
industrial revolution
International trade
demeritsnon-matching of wantslack of common measure
lack of sub-division
problem of wealth storage
problem of wealth transfer
future payments problem
no division of labour
tax collection problem
no capital formatiom
no banking system
no stack exchange
no forward market
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoAdvantages:-
increase in production,
gain in exchange of goods
independent work
prompt payments
no inflation
popular in rural areas
evolution of society
industrial revolution
International trade
Disadvantages:-
non-matching of wants
lack of common measure
lack of sub-division
problem of wealth storage
problem of wealth transfer
future payments problem
no division of labour
tax collection problem
no capital formatiom
no banking system
no stack exchange
no forward market
Wiki User
∙ 12y agoadvantages of barter system in headings
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