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enumerate and discuss the reason why society abandoned barter system?

Sagot :

BALANGSTEPHANIE22IN BALANGSTEPHANIE22IN

Answer:

1. Double Coincidence of Wants:

2. Lack of a Standard Unit of Account:

3. Impossibility of Subdivision of Goods

4.Lack of Information: ...

5.Production of Large and Very Costly Goods not Feasible:

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