Ladies and gentleman welcome to my blog, over the years i have tried to have a meaningful blog and use it to better people's lives and promote positivity. Countless times i have failed but this time around i believe i have found the perfcet one and i promise nothing but meaningful content. I believe now its safe to say i have found the perfect space to share with everyone out there. I have always wanted to create a blog that can bring people together and at the same time be informative. Am going be sharing my articles, people's businesses, motivational qoutes and the short stories that i have authored.
i look forward to interacting with all of you and please dont be stingy read comment and share on all your social media platforms your support to grow "OleChapters" into one big power blog will be highly appreciated!!!!
"OleChapters" by Olebogeng R Motsanana.
Bartering System vs. Monetary System: A Comparative Analysis
Introduction: The age-old debate of bartering versus using a monetary system has intrigued economists, historians, and everyday individuals for centuries. Both systems have their merits and drawbacks, and understanding the differences between them can shed light on the dynamics of economic exchange. In this article, we'll explore the bartering system and the monetary system, comparing their strengths and weaknesses, and ultimately, we'll draw a conclusion about which is better suited to modern society. Bartering System: The bartering system is the simplest form of exchange, where goods and services are traded directly without using money as an intermediary. In a barter system, individuals exchange what they have for what they need. For instance, a farmer might trade a bushel of wheat for a carpenter's chair. This system has the advantage of being straightforward, requiring no currency, and enabling individuals to trade based on the perceived value of goods or services....
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