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Can you think of some examples of wages being paid through barter?

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Question

Can you think of some examples of wages being paid through barter?

Short Answer
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Solution

  1. Domestic help (such as cooks or cleaners) is occasionally compensated with food, clothing, or accommodation rather than money.
  2. The landowner pays construction workers in the form of domestic produce (such as veggies or dairy) rather than cash.
  3. In rural areas, labourers working on farms might be compensated with a portion of the harvested crops.
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Chapter 3: Money and Credit - Intext Questions [Page 40]

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NCERT Social Science Understanding Economic Development [English] Class 10
Chapter 3 Money and Credit
Intext Questions | Q 2. (ii) | Page 40
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