Question

Due to the rise of large-scale production, the influx of peasants to urban areas to find work, and the development of a system of wage labor, the ________ system became obsolete in favor of a new system of legal currency.

Answer 1

Answer:

Barter system

Explanation:

Barter system - it is system of exchanging the good and service with others good and service in that return. the main point to note in this is that medium of offering services and goods is ignored i.e. money.

these type of system is used in society from centuries and long time back before money was introduced.