Economy, asked by krubha9427, 1 year ago

How is double coincidence of wants not appreciable in the contemporary scenario?

Answers

Answered by snehasaha25
6
Because previously people used barter system in which very rarely people used to get the double coincidence of wants as they didn’t have any medium of exchange but nowadays we are using paper notes and coins which are legal for every individual of a country as the government of the country makes it and the paper notes work as a medium of exchange.
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