DRAWBACKS / DIFFICULTIES OF BARTER SYSTEM.

  1. Double coincidence of wants.
  2. Lack of standard rate of exchange.
  3. Indivisibility of large items.
  4. Problem of Storage Systems
  5. Deferred payments were made difficult.
  6. It wastes time and energy.
  7. Discourages large-scale production.
  8. Discourages specialization.

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