Question

What is the essential feature of barter system?

Answer 1

Barter was a primitive exchange system where goods were exchanged. This is main feature of Barter System.Un barter system goods can be exchanged without involving money in trade. Barter system was used in old times. It is direct exchange of goods and services. It requires double coincidence of wants.

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Answer 2

The most essential feature of barter system is double coincidence of wants