What are main features of Barter system
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The main features of barter system are as under: Barter system is direct exchange of goods and services. It requires the double coincidence of wants. Barter system eliminates the use of money.
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The main features of barter system are as under: Barter system is direct exchange of goods and services. It requires the double coincidence of wants. Barter system eliminates the use of money. It generally flourishes among uncivilized and backward communities.
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