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  • 25-07-2016
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Which economic mechanism does a barter system operate without?

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  • 29-07-2016
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.
 

 

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