Why was trade in the Vedic age occurred through
Answers
The missing options to the question are
A) the bartering of goods for each other
B) the exchange of coins for goods
C) the use of written contracts as promises of payment
D) the exchange of land and animals for money
The answer is A) the bartering of goods for each other.
The Vedic period is the period between 1500 - 500 BC, because the book of Vedas contains the history about the life of people in this period.
Trade in Vedic age
- Trade and commerce were carried out mainly by system of bartering, in which goods were exchanged for goods.
- Initially in the barter system, cow was given as a price and it was equal to one unit of value. Later gold pieces called mishka were used to trade.
The appropriate response is A) the dealing of products for one another. The Vedic time frame is the period between 1500 - 500 BC, in light of the fact that the book of Vedas contains the history about the life of individuals in this period.
Exchange and trade were completed mostly by arrangement of bargaining, in which merchandise were traded for products.
At first in the trade framework, dairy animals was given as a cost and it was equivalent to one unit of significant worth. Later gold pieces called mishka were utilized to exchange.