Economic Condition of Rig Vedic Period:

-Mainly Pastoral.

-Cattle was the Chief measure of wealth and Gomat was the title given to wealthy man.

-Gavishthi, Gavesana and Gavyat imply the importance attached to cattle.

-Did not use iron technology but were familiar with copper.

-Several stages of agricultural operations, implements used (like Plough- Sira) & artificial waterways were mentioned.

-Craft specialists like 'Charmakara' (leather worker). 'Kulala' (Potters), etc.

-Trade & Commerce was carried on barter system & no large scale overseas trade flourished.