Question

Why do you think households received income in gold history Class 11
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Answer 1

In the late Roman bureaucracy, the higher and middle echelons, was a comparatively affluent group because it drew the bulk of its salary in gold and invested much of it in buying up assets like land.

Answer 2

▶️If the crop fails, or if rains are delayed, the household faces a cash crunch.

▶️Such households typically use gold to create a liquid asset that can be pressed into service.

▶️ When there is adequate income, gold is bought; when there is a crunch, gold is pawned to raise money.

Hope thiswill help u