9 Disadvantages Of Barter System

1. Double Coincidence of Wants: The wants of the two persons who desire to exchange goods must coincide. 2. Lack of a Common Measure of Value. 3.  Indivisibility of Goods: The barter system of exchange was not applicable in case of goods that lose their utility if divided into parts. 4.  Lack of Store Value: It is risky to store savings and surpluses in terms of commodities that deteriorate in value with the passage of time.  5. Inconvenience in Lending and Borrowing: 6. Problem of Transportation:  It is not easy and without risk for an individual to take heaps of wheat or herd of cattle to a distant market to exchange them for other goods.  7. Lack of Specialisation: A high degree of specialisation is difficult to achieve under the barter system.