Question

imagine yourself in the ancient period of India how would you exchange goods

Answer 1

In ancient period of India we would exchange goods by the following ways:-

1)Usually barter system was followed in which a person who wants a particular things gives it to a needy person and took whichever things he/she likes.
2)This method of exchanging goods wanted a double co-incidence condition.
3)In ancient India,Currency was not introduced so People usually fulfil their needs by this method.
4)These forms of exchange include exchange of wheat,rice,sugar etc.
For 1 mark write only two points.

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Answer 2

By using bartar system. In this , goods are exchanged in place of money