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in Business in Ancient Bharat: Nature and Practices by (51.5k points)
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What was the arrangement of the barter system in villages in the Gupta period? 

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Explain the ‘Haat’ system in the Barter system.

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In the Gupta period, a Haat market in one of the villages of the group used to be there, every week after every fortnight, where goods produced in these villages were exchanged or sold. The goods which were in excess of their demand were bought by the traders to be sold at far off places where they were in demand. The goods bought from such far off places were also sold in these Haats. Likewise, there was a good network for the selling of items in Haat. This arrangement of Haat during Gupta period proves that it served as a modern way of selling the items in a market the symptoms of which can still be seen in far off places. Therefore, it can be said that trade was at its peak during the Gupta period.

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