When does barter occur?

Name: When does barter occur?
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

Barter occurs when one product is exchanged directly for another product, without the use of money. It is a system of exchange that was used before the invention of currency or money. Option A is incorrect because barter does not involve sharing everything. Option C is incorrect because barter does not involve the use of money, and option D is incorrect because goods cannot be used to buy money in a barter system.

When Does Barter Occur