answersLogoWhite

0

because in barter system u must have that thing in that very quantity which the other person wants with whom u want to exchange.an eg. will clear evrything.

eg.) suppose u r a farmer u have wheat and u want bricks and cement to build ur house but the person having bricks want oil and the person having cement wants newspaper than in this case barter system fails but money sysyem is good bcoz money is kind of equally valuable thing written on it i.e. 1 kg wheat=0.5$ and 1 kg cement=1.5$.

User Avatar

Wiki User

13y ago

What else can I help you with?