Question

Choose the correct word.
Primitive method of trade was known as ___________ system.

A

Value

B

Barter

C

Traditional

D

Money

Medium
Solution
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Correct option is B)

Barter is a system where people engage in exchange of goods and services without the use of money as payment. Instead in return of the item purchased, one has to provide some service or give some goods in return to the person from which the good is purchased.

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