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MONEY AND INFLATION — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsMONEY AND INFLATION2 Marks
Question
What made the barter system limited?
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Answer

Increasing population and socio-economic development resulted in an increase and change in demand. Industrialization, urbanization, division of labour and specialization made barter system limited.

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