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Question
In the later Vedic Age, there was a marked change in the economic life of the Aryans. In this context describe:
Changes in the field of Trade and Commerce
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Solution
In the context of the marked change in the economic life of the Aryans, the given headline is described as follows:
Change in the field of Trade and Commerce:
Important changes can be noticed in the field of trade and commerce. Commerce was made easier by the use of such units of value as nishka and satmana. The reference to ships indicates a flourishing in land maritime trade. A class of hereditary merchants (Vanija) existed now. Many of the professions were organized into guilds, which in later ages, controlled prices and ensured the quantity of the goods.
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