Question

Answer the following question with at least three complete sentences. Be sure to use specific examples from the lessons in your answer.
What were the benefits of voluntary trade during India's Vedic Age?

Answer 1

Explanation:

In Vedic, age the trade was mostly carried out by barter system.  Voluntary trade means when the buyers and sellers are at liberty to work .They can buy or sell as per their choice. Voluntary trade during India's Vedic age had many benefits such as:

1. It improved social relations among various communities.
2. Trade was made only related to those goods which benefited the buyer and the sellers involved in trading.
3. It leads to the division of labor. That helps a lot in improving the Quality of goods being produced and it also increased the speed of producing the goods because it leads to specialization.