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Could production and consumption take place without money? If you think they could, give examples?

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Question added by Shayan Ali , Accountant , Al Razi Company
Date Posted: 2016/06/17
Barkat Ali
by Barkat Ali , Accountant , Abdullah Bin Ahmed Bin Mohd Al Muzahmi Trading

Yes. People could produce things for their own consumption. For example, people could grow vegetables in their garden or allotment; they could do their own painting and decorating. Alternatively people could engage in barter: they could produce things and then swap them for goods that other people had produced.

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