12th Class Economics Solved Paper - Economics 2017 Outside Delhi Set-I

  • question_answer
    Explain 'difficulty in storing wealth' problem faced in the barter system of exchange.

    Answer:

    In the barter system or exchange it is difficult for the people to store wealth or generalise purchasing power for future use in the form of goods like cattle, wheat, potatoes and other perishable items, etc. Holding of stocks of such goods involve costly storage and deterioration.


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