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What was the economy of the Indus Valley?

What was the economy of the Indus Valley?

The economy of Indus Valley Civilization was based on agriculture, domestication of animals, and trade. In agriculture, they used to grow crops like wheat, barley, etc. At that time, there was no monetary value of goods so they used the barter system for trading.

What was the most important part of the Indus Valley Civilization economy?

The economy of the Indus civilization was based on animal husbandry, particularly of zebu cattle, and on arable agriculture, growing cereals, pulses, and other plants. These were supplemented by the exploitation of wild resources, such as fish.

What was the geography of the Indus River Valley?

The huge Indus river system waters a rich agricultural landscape. The Indus plain is surrounded by high mountains, desert and ocean, and at that time there were dense forests and swamps to the east.

Was the Indus River valley wealthy?

The people of the Indus Valley were successful farmers who grew crops in the fertile soil beside the river. They also used mud from the river to make bricks for their buildings, and they constructed the world’s first planned towns and cities. Indus society was very organized and rich in arts and crafts.

What 2 main economic activities supported the Indus Valley Civilization?

They also erected public buildings such as granaries. In terms of economic activities, people of the Indus valley civilization were mostly farmers. They grew rice, peas, sesame seeds, wheat, barley, and cotton. They domesticated water buffaloes to help them plough.

How did the Indus River valley make money?

Agricultural Trade With the rivers surrounding their area, the land was fertile and they used to cultivate many crops such as Barley, Wheat, Melon seeds and oil crops like Sesame, Mustard, and Dates. These were traded by farmers with the other people.

How did the Indus Valley Civilization earn money?

The Indus people were greatly reliant on trade. They traded with many different civilizations like Persia, Mesopotamia and China. They were also known to trade in the Arabian Gulf region, central parts of Asia, portions of Afghanistan and northern and western India.

What two main economic activities supported the Indus Valley Civilization?

Agriculture: Agriculture was the main occupation of the Indus Valley people.

  • Domestication of Animals: The people of Harappa domesticated animals like oxen, buffaloes, pigs, goats and sheep.
  • Trade: Traders carried on trade in the country as well as with other countries like Egypt, Babylon and Afghanistan.
  • Why was the Indus Valley civilization so successful?

    What resources did the Indus Valley have?

    The Indus Valley contained many natural resources that became an important part of Harappan civilization. These resources included timber for building, along with gold, silver, and other precious stones. Flood-supported farming led to large agricultural surpluses, which in turn supported the development of cities.

    Why was the Indus River valley successful?

    What were the resources of wealth of Indus Valley?

    Figure 8.2 General chronology o/the Indus Valley Tradition. existed. Lapis lazuli, agate, carnelian, steatite, ochre, copper, tin, gold, silver, marine shell and wood could all be obtained from more than one source area (Kenoyer I995a).

    What is the Indus Valley Civilization?

    In 1924, John Marshall, Director-General of the ASI, introduced the discovery of a brand new civilisation called Indus valley civilisation IVC to the world. IVC sites. Situated on the bank of river Ravi in Montgomery district of Punjab (Pakistan).

    What was the most important product of the Indus Valley trade?

    Cotton was one of the most important product of the Indus Valley trade. Their wealth was based on a subsistence economy of wheat and barley. The Indus civilization had a broad trade network, but their currency was traded goods.

    How did the Indus River Valley Civilization use the writing system?

    Archaeologists have found some examples of their writing system in pottery, carved stamp seals, amulets and even in copper tablets. Based on evidence, it is believed that the people of Indus River Valley Civilizations loved games and toys. This evidence came from the fact that the archaeologists found more and more of toys during excavations.

    What was the currency of the Indus Valley Civilization?

    The Indus civilization had a broad trade network, but their currency was traded goods. Instead of money, there was a swapping and bartering system. The Indus Valley Civilization had what was called soapstone seals and this is what they might have used for money later on in the civilization.