Bartering: better than money?

1 Answer

Answer :

I’d say it depends on the size of the economy. A small town where people trade goods and services for other goods and services, it makes sense. A massively sized country in which people don’t know each other, money would be better.

Related questions

Description : Is bartering / trading goods more socially satisfying than dealing with money?

Last Answer : No, when I interact with people on a one to one basis, it makes no difference what exchange medium we use, money, good, or whatever.

Description : What is Trade bartering and forms of money in traditional south African societies?

Last Answer : Feel Free to Answer

Description : Is a vehicle bartering network feasible?

Last Answer : You’d have to be REALLY clear about the terms of agreements. Maybe go so far as to have written contracts. But other than that, I don’t see why you couldn’t figure out a barter and mutual aid network sort of deal.

Description : Wouldn't bartering actually make slaves of many people?

Last Answer : Bartering will only work on a friend to friend basis and not for the government. you are correct in some of your own questions. governments could not exist, without taxes. just think of the ... people not fullfiling their obligations to each other. we do not live in a trustworthy world, anymore.

Description : When did bartering stop and why?

Last Answer : Need answer

Description : Why did the bartering system stop?

Last Answer : Need answer

Description : Concerning the stimulus checks that some get, wouldn't it be better to offer investment money?

Last Answer : answer:Isn't matching investments the same as handing out free money? The fact is most of the people that need help don't invest money. My mom is broke as fuck and gets 700 bucks a month from ... The point is you give the extra to people that you know will put it directly back into the economy.

Description : The existence of a Parallel Economy or Black Money - (1) makes the economy more competitive (2) makes the monetary policies less effective (3) ensures a better distribution of income and wealth (4) ensures increasing productive investment

Last Answer : (2) makes the monetary policies less effective Explanation: In India, Black money refers to funds earned on the black market, on which income and other taxes has not been paid. Black money ... a policy. So, in nutshell, the existence of parallel economy erodes the effectiveness of monetary policies.

Description : The existence of a parallel economy or Black Money - (1) makes the economy more competitive (2) makes the monetary policies less effective (3) ensures a better distribution of income and wealth (4) ensures increasing productive investment

Last Answer : (2) makes the monetary policies less effective Explanation: The existence of black money is injurious not just for tax revenues. It distorts the systematic resource allocation process and upsets the ... . So the existence of black money erodes the very rationale of growth behind monetary policies.

Description : Assertion(A): High national income leads to better human Development Index Reason(R): Good health and education facilities depends on amount of money spent by govt on these facilities. a) Both A and R are true and R is ... of A. c) A is correct but R is wrong. d) A is wrong but R is correct.

Last Answer : d) A is wrong but R is correct.

Description : The existence of a Parallel Economy or Black Money (1) makes the economy more competitive (2) makes the monetary policies less effective (3) ensures a better distribution of income and wealth (4) ensures increasing productive investment

Last Answer : makes the monetary policies less effective