The early Vedic period, spanning from approximately 1500 BCE to 1000 BCE, was characterized by a predominantly agro-pastoral economy. Here are the key economic activities that were prevalent during this period:
1. Pastoralism
Cattle Rearing: Cattle, particularly cows, were the most significant form of wealth and were highly valued. The term "gavish ti" (cow wealth) was commonly used to denote prosperity.
Other Livestock: Besides cows, the early Vedic people also raised goats, sheep, and horses. These animals were essential for various purposes, including transportation, milk, and meat.
2. Agriculture
Cultivation of Crops: Agriculture was practiced, though it was secondary to pastoralism. The primary crops cultivated included wheat (godhuma), barley (yava), and rice (vrithi). These crops formed the staple diet of the Vedic people.
Subsistence Farming: The agricultural activities were primarily for subsistence, with limited surplus production. The people were well-versed in sowing, harvesting, threshing, and other agricultural practices.
3. Trade and Commerce
Barter System: Trade was conducted through a barter system, where goods were exchanged directly without the use of money. This system was prevalent due to the lack of a standardized currency.
Local and Long-Distance Trade: The early Vedic people engaged in both local and long-distance trade. They traded with neighboring communities and even with distant regions, although the scale of trade was relatively small compared to later periods.
4. Crafts and Industries
Carpentry: Woodworking was an important craft, with carpenters creating various tools and household items.
Weaving: Weaving was another significant craft, with people producing textiles from cotton and wool.
Metalwork: Metal smelting and crafting were also practiced, with artisans working with metals like copper and bronze to create tools, weapons, and ornaments.
Pottery: Pottery making was a common craft, with artisans producing various types of pottery for domestic use and trade.
Community Structure: The economic activities were closely tied to the social structure, with different groups specializing in various crafts and trades. This division of labor helped in the efficient functioning of the community.
In summary, the early Vedic period's economy was primarily based on pastoralism and agriculture, supplemented by trade, crafts, and industries. The society was organized around these economic activities, with a strong emphasis on religious practices and community cooperation.