Question

What is double coincidence of wants ?

Answer 1

Double Coincidence of Wants is a process which was practised before when there was no currency . In this both the sides of the people have to agree on the selling and buying of their commodities of that ones which people on both sides desires to sell the thing which is needed by other people.

Answer 2

Answer:

The coincidence of wants is an economic phenomenon where two parties each hold an item the other wants, so they exchange these items directly without any mon.............. .etary medium. This type of exchange is the foundation of a bartering economy. Wikipedia