Question

How did trade become extensive under the Vedic age?

Answer 1

1. Under the Vedic age, the use of iron plough and axe helped to put more areas of land under cultivation.
2. Crops of wheat, rice, and barley were cultivated.
3. With the growth of agriculture, the idea of private possession of land came into existence.
4. New crafts and arts developed leading to the production of commodities for sale.
5. Thus, trade became extensive.
6. The barter system was prevalent.
7. They used Nishka, Satmana (gold coins), and Krishna (silver coins) for business transactions.