6 Questions
What was a prominent limitation of the barter system?
Decrease in mutual exchanges
How did socio-economic development impact the barter system?
Limited its effectiveness
What did the earlier years' economic structure lack as compared to later years?
Specific demands
How did increasing population affect the barter system?
Decreased mutual exchanges
What did the shoe-maker exchange his shoes for?
Ghee and clothes
Why did individuals in earlier years carry out agricultural exchange?
To meet their sustenance needs
Explore the limitations of the barter system used by individuals in earlier years for exchanging goods and services. Learn about the challenges faced when relying on agricultural exchange in a simple village life.
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