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Question
With reference to the following explains the main features of the Rig Vedic Economy:
Trade Transactions, Crafts and Transportation
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Solution
With reference to the given headings, the economic life of the Rig Vedic Aryans is explained as follows:
Trade Transactions, Crafts, and Transportation:
The people were engaged in trade, cloth, and leather goods being the main items. The barter system practiced for trade transactions. The cow was the standard unit of value. Men and women were engaged in weaving cloth. The metal-workers of the smiths were skilled in making weapons, implements, and ornaments. The metal ayas mentioned in the Rig Veda is generally taken to mean copper or bronze, although it has been understood as iron also.
They used horses and bullocks for carrying goods from place to place. They also transported goods through the inland rivers
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