CBSE BoardEnglish MediumSTD 7Social StudiesGeography Ch - 1 Environment2 Marks
Question
"Humans transition from a barter system to a trade and commerce system." Justify the statement.
✓
Answer
The shift from a barter system to a trade and commerce system was driven by the Industrial Revolution. With the coming up of mass production, there was a need for markets to exchange goods efficiently. As human requirements increased, a structured system of trade and commerce became essential as it enable goods to be readily available.
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