Social Science: Money and Credit - Role of Money in an Economy

What is the meaning of 'barter system'?

Solution

Barter system is the system that was used for exchange of one commodity for another. Barter system was practised before money came into existence.

Concept: Role of Money in an Economy

Is there an error in this question or solution?

Q 6 Q 5 Q 7

2014-2015 (March) Delhi Set 1

APPEARS IN

2014-2015 (March) Delhi Set 1 (with solutions)

Q 6 | 1 mark

Notifications

View all notifications

My Profile

My Profile [view full profile]

why create a profile on Shaalaa.com?
1. Inform you about time table of exam.
2. Inform you about new question papers.
3. New video tutorials information.

View in app×

Social Science: Money and Credit - Role of Money in an Economy

SolutionShow Solution

APPEARS IN

Select a course

My Profile

Solution