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2006-12-03 17:27:24 · 5 answers · asked by Anonymous in Social Science Economics

5 answers

Through barter system where good were transfered from oen person to another for eg one is in need of a goat he would go to other person who would give him a goat n in return get sum good useful and needful things .. ifu still didnt understand then,u can search google for a detailed information or u can go through school textbooks of economics where theystart with barter sytem u will get a clear knowledge

2006-12-03 17:40:09 · answer #1 · answered by nashaahot 2 · 0 0

Well that's really an intereting question. Being a commerce grad, I learnt that in ancient India people use 'Barter' system to share their goods when there was no money... For example... you have to sell 'x' number of apples (any other stuff) to me... I want to sell 'x' number of potatoes (or any other stuff). In this case will trade off certain apples with potatoes to share the goods... This used to happen when money was not there...
Hope this answers your question....

Good Luck!

2006-12-03 17:41:04 · answer #2 · answered by just_4_frenz 2 · 0 0

there was Barter System in India. people were manufacturing goods grain,pulses and other thins which one individual is having will be given to another man who have surplus. for example one man is weaving cloths and he will supply cloth to others and take whatever he wants like grain, instruments, pots like that.This is known as barter system. the surplus will be shared with others and requirements were collected from others in exchange. this is barter system

2006-12-03 17:36:23 · answer #3 · answered by sabu 4 · 0 0

We had coins(gold,silver and copper) long time back. Don`t believe that the British cultured us and before them we were cavemen. They came here coz we were rich. America was found accidentally while they were trying to find sea route to India.

2006-12-03 21:06:10 · answer #4 · answered by thejas p 2 · 0 0

By barter system.....

2006-12-03 17:42:16 · answer #5 · answered by Anonymous · 0 0

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