Tag: commerce and modern civilization

Which of the following factors causes the barter system to be inefficient?

If a farm has an abundance of corn but no pigs, and a neighboring farm has no corn, but too many pigs, the two farms might come to an agreement that would benefit both through bartering.

Hindrance of _____ refers to the problem of distribution of goods at distant places without loss.

____ hindrance is solved by warehousing or storage.

_______ is the sum total of all those processes which are engaged in the removal of hindrance of person, place or time

The hindrance of ____ is removed by trade thereby making goods available to the consumers from the producers.

In industrial production skills of ancient Indian in which of the following have attracted world-wide celebrity?

Enayam port is not the first of its kind in Tamil Nadu.

______ eliminates the barriers of persons for the smooth flow of goods from producer to consumer.

_______ removes the hindrance of finance and facilitate the exchange.