Many civilizations used barter systems to exchange goods. What was one negative aspect about using this type of system?
A. It required the understanding of math because of the complex economic formulas that were used, including laws for early
types of Interest rates and fines for violating economic rules.
B. It required that both parties had plenty of Shekels to spend because this was the important currency for early civilizations.
C. It required a lot of government interference to keep the exchanges fair and equitable for both parties.
D. It required individuals to meet face to face in order to exchange products, which made it difficult for small, Isolated societies to
trade with other groups.

Answer:

It required individuals to meet face to face in order to exchange products, which made it difficult for small, isolated societies to trade with other groups.

Explanation:

Gradpoint

Many civilizations used barter systems to exchange goods. The negative aspect of using this type of system it required individuals to meet face-to-face in order to exchange products, which made it difficult for small, Isolated societies to trade with other groups. The correct option is D.

The barter system, which has been around since ancient times, is the oldest form of commerce. Before the creation of monetary currency, people exchanged goods and services for one another. The act of exchanging goods between two or more parties without the use of money is known as the barter system.

The inability to make deferred payments, the absence of a standard unit of measurement, the difficulty of storing goods, and the absence of double coincidence of wants are additional drawbacks of the barter system.

Thus, the ideal selection is option D.

Learn more about the barter system here:

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