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According to a Visiting Chinese Buddhist Monk, in India as Late

question 31

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According to a visiting Chinese Buddhist monk, in India as late as the fifth century CE, most commercial transactions were conducted by barter rather than coins or currency.


Definitions:

Social Identity

An individual's sense of who they are based on their group memberships, such as nationality, religion, or social class, which shapes their behaviors and attitudes.

SIDE

The Social Identity model of Deindividuation Effects; a theory explaining how group identity and anonymity can influence behaviors in group settings.

Optimal Distinctiveness

People strive to achieve a balance between conflicting motives for inclusiveness and separateness, expressed in groups as a balance between intragroup differentiation and intragroup homogenisation.

Social Mobility

The ability for individuals or families to move up or down the socioeconomic ladder within a society.

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