215k views
0 votes
Which economic mechanism does a barter system operate without?

1 Answer

4 votes
The economic mechanism that a barter system doesn’t operate without is money.

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form.
I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.
User Navid Abutorab
by
6.7k points