Question

Explain the exchange system of ancient India.

Answer 1

Answer:

The barter system of exchange of goods was prevalent in ancient India from the Vedic period. ... But eventually barter method gave way slowly to the money economy through the medium of coins for their obvious advantages.

Answer 2

A barter system is an old method of exchange . this syastem has been used for centuries and long before money was invented . people exchnages services and goods for other services and good in return....

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