Question

Describe Gupta age Economy

Answer 1

Answer:

During the Gupta period agriculture formed a significant part of the empire's economy. However, the trade and commerce activities of the Gupta Empire grew steadily. The merchant and other traders were organized into guilds. These guilds were given concessions in the taxes that were liable to be paid to the government.

Explanation:

Answer 2

India had developed an advanced system of agriculture, industry, and trade long before the rise of the imperial Guptas. The economic stability and prosperity facilitates all-round cultural progress made during this period.