Question

What was the nature of the ancient economic system of India?

Answer 1

Answer:

Barter system was followed in the ancient times as a nature of the economic system.  

Explanation:

This method was prevalent long ago, when money was not introduced in the economy.

People used to exchange goods and services for other goods and services.

There was no other medium of exchange during those times. Later on currency was introduced for easy and equal exchanges.