Coincidence of Wants is an essential feature in a barter system, where goods
are directly exchanged without the use of money. However, in an economy using
money as a medium of exchange, it eliminates this by providing the crucial
For example, it is not necessary for a shoemaker to look for a farmer who
will buy shoes made by him and at the same time, sell rice to him. All he has
to do is to find a buyer for his shoes, who will pay him money for them.
With this money he can purchase rice or any other commodity
available in the market.
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