13. Explain the weights and measures …
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Sia ? 3 years, 5 months ago
Standard weights and measures were developed by the Indus Valley Civilization. The centralised weight and measure system served the commercial interest of Indus merchants as smaller weight measures were used to measure luxury goods while larger weights were employed for buying bulkier items, such as food grains etc.
Maraka merchants conducted long-distance trade through the medium of caravans or canoes, depending on the direction of their trade.
In trade, barter (derived from baretor) is a system of exchange where participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.Goods were exchanged for food, tea, weapons, and spices. At times, human skulls were used as well. Salt was another popular item exchanged. Salt was so valuable that Roman soldiers' salaries were paid with it.
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