ReePrime
Barter System

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Barter System

L
Let's Study MBA

4 Views • Dec 30, 2018

Description

What is Barter System? This is an old method of exchange. This system has been used for centuries. It was in use long before money was invented. In absence of money people use to exchange goods and services for other goods and services.
Bartering was introduce in 6000 BC by Mesopotamia tribes. It was adopted by Phoenicians. Problems of barter system. Advantages and Disadvantages of barter system.