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Some of the earliest examples of economies involved bartering. What is TRUE about a bartering system?


It consists of giving items without the immediate need for payback from the other party.


It allows people to exchange goods without using money or any other type of financial item.


It involves using a type of established and trusted currency to pay for all goods.


It is controlled by the government with no interaction between the buyer and consumer.


Sagot :

Answer:

B, It allows people to exchange goods without using money or any other type of financial item!

Explanation:

It allows people to exchange goods without using money or any other type of financial item is TRUE about a bartering system.

What is barter system?

Barter system are the system in which people exchange the commodities or goods in exchange for goods. This system was practiced in the early times when people do not have the money or coins to purchase the essential items.

Thus, option B is correct.

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