Archive | Vedic Period

Trade and Commerce during the Vedic Period | India | History

The early part of the Vedic period or that preceding it, was an age of economic self-sufficiency and consequently there was little scope for an exchange of commodities. All the rural centres were self-supporting. Every house-holder produced the necessaries of life—his farm producing his food-grains and other necessaries, the industry of the women of his household supplied him with his [...]

By Kanika B|2017-10-09T09:27:48+05:30October 9, 2017|Vedic Period|Comments Off

Exchange Methods Adopted during the Vedic Period | India | History

In the earliest period of the history of human culture, all exchange was by barter i.e., the exchange of one article for another. This was the stage of simple barter. Next to it we have generally a second pre-metallic stage, in which the medium of exchange is some article commonly found and being valued for its utility, becomes the measure [...]

By Kanika B|2017-10-09T09:27:48+05:30October 9, 2017|Vedic Period|Comments Off