Explain the changes in the economic pattern of the Aryans during the Later Vedic period.
Answers
Answer:
Like political and social conditions, the economic condition of the Aryans of the later Vedic period also underwent significant changes. Due to the emergence of caste system various occupations also appeared.
The Aryans of the later Vedic period lived in the villages. In the villages small peasant owners of land were replaced by big landlords who secured possession of entire villages. Agriculture was the principal occupation of the people. Improved method of tilling the land by deep ploughing, manuring and sowing with better seeds were known to the Aryans. More lands were brought under cultivation.
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The Aryans of the later Vedic period lived in the villages. In the villages, small peasant owners of land were replaced by big landlords who secured possession of entire villages. Agriculture was the principal occupation of the people.
Explanation:
- The Vedic texts refer to sea and sea voyages. This shows that now sea-borne trade was carried on by the Aryans.
- Money lending was a flourishing business. The references to the word Sreshthin indicates that there were rich traders and probably they were organized into guilds.
- The Aryans did not use coins but specific weights of gold were used for purposes of a gold currency- Satamana, Nishka, Kosambhi, Hastinapur, Kashi and Videha were regarded as renowned trade centres.
- Bullock carts were used to carry goods on land. For foreign trade boats and ships were used.
- The use of silver was increased and ornaments were made out of it.
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