Discussion:

Discuss with your friends how the system of trading is done without the use of money.

The system of trading, were money is not used for exchange of goods and services is known as barter system. It is a system of exchange of good or service in return of desired goods and services, no money was used for trading.

For example, if Rahul has a banana and his friend Ramesh has an apple, and they both exchange their commodity in return of their products, then such co-incidence of want, and trading is referred to as barter system.