Question

8. Explain the economic life of the Mahajanabad ?​

Answer 1

The basis of the economic life of the period was agriculture. One-tenth of the, produce of the soil had to be paid as land revenue. The agricultural land was divided into small plots and for the purpose of irrigation, cultivation and conservation of water cooperative system was followed.

Answer 2

Answer: The basis of the economic life of the period was agriculture. One-tenth of the, produce of the soil had to be paid as land revenue. The agricultural land was divided into small plots and for the pur­pose of irrigation, cultivation and conservation of water cooperative system was followed. Famine was not altogether unknown but it was of very rare occurrence.Besides agriculture, animal husbandry was an important source of economic life. Arts and industries like ivory work, mural paint­ing, stone-carving etc. were highly developed at that time. Business was carried on both within and without the country. Bharuch, Tamralipti, Sopara etc. were the important ports of the time through which water-borne trade with Burma, Ceylon, Malaya, Babylonia etc. was carried on. Silk, gold, embroidered cloth were the principal merchandise. There are proofs of co-operative system in the trade and commerce of the period. The medium of exchange was copper and silver Karshapana. The silver Karshapana was also known as Dharan. A silver Karshapana was one-tenth in value of the Vedic Niska

Explanation: