An economic system in which money is not used as a medium of exchange is a _____. Market economy Mixed economy Barter economy Planned economy
Question & Answer
An economic system in which money is not used as a medium of exchange is a
1 Answer
Verified archiveThe correct answer is Barter economy.
A barter economy is one in which goods and services are directly exchanged for other goods and services without the use of money. This system relies on the mutual wants of the parties involved, making it different from market, mixed, or planned economies where money serves as the medium for transactions.
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