Barter is more feasible in primitive societies that in modern societies because

Question

Quizplus · Accepted Answer

Barter relies on the ability of individuals to find someone who wants what they have and has what they want. In primitive societies, there is limited specialization, which means the range of available goods for trade is also limited. This makes it easier for individuals to find someone who has what they need and wants what they have. In modern societies, specialization is much greater, and the range of available goods is much larger, making it more difficult for individuals to find the right trading partner. Choice A is incorrect because inflation is not relevant to the feasibility of barter. Choice B is incorrect because having many goods available does not necessarily make barter more feasible. Choice D is incorrect because having many goods available would actually make it easier to trade. Choice E is incorrect because limited wants would make barter more difficult, as individuals would have less need or desire to trade.

Barter Is More Feasible in Primitive Societies That in Modern