Question

what is doublecoincidence of wants???

Answer 1

Double coincidence of wants was one of the integral features of the barter system. For example, person 1 has potatoes (which he doesn't want) and he wants wheat. So, he has to find a person who sells wheat and who also wants to buy potatoes (which was a pain). This drawback was countered with the advent of currency.

Hope this helps!!!

Answer 2

Double coincidence of wants means owner of good X ,say shoes, to find someone else with good Y say abag of wheat, and both being in need of each others good.....

It's very simple u can also refer to ncert book of eco.