RELIGIONS
HINDUISM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is not an example of bartering?
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A fisherman and an artisan exchange fish for pottery
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A man spends $2.50 on a slice of pizza
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Two children exchange snacks at lunch
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None of the above
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Explanation:
Detailed explanation-1: -In a Barter system, only goods and services are exchanged without any involvement of money. Hence exchanging a cup of oil for a cup of pulses is an example of barter system where goods are exchanged . This is an example of Bartering.
Detailed explanation-2: -Barter system is direct exchange of goods and services. It requires the double coincidence of wants. Barter system eliminates the use of money. It generally flourishes among uncivilized and backward communities. Barter system is possible where the area of exchange is limited. More items
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