During which period the contribution in GDP of India was greater than Brazil
Answers
Explanation:
The economic history of India begins with the Indus Valley Civilisation (3300–1300 BCE), whose economy appears to have depended significantly on trade and examples of overseas trade. The Vedic period saw countable units of precious metal being used for exchange. The term Nishka appears in this sense in the Rigveda.[1] Historically, India was the largest economy in the world for most of the next three millennia, starting around the 1st millennia BCE and ending around the beginning of British rule in India.[2]
Around 600 BCE, the Mahajanapadas minted punch-marked silver coins. The period was marked by intensive trade activity and urban development. By 300 BCE, the Maurya Empire had united most of the Indian subcontinent except Tamilakam, which was ruled by Three Crowned Kings. The resulting political unity and military security allowed for a common economic system and enhanced trade and commerce, with increased agricultural productivity.
Answer:
Explanation:
The economic history of India begins with the Indus Valley Civilisation (3300–1300 BCE), whose economy appears to have depended significantly on trade and examples of overseas trade. The Vedic period saw countable units of precious metal being used for exchange. The term Nishka appears in this sense in the Rigveda.[1] Historically, India was the largest economy in the world for most of the next three millennia, starting around the 1st millennia BCE and ending around the beginning of British rule in India.[2]
Around 600 BCE, the Mahajanapadas minted punch-marked silver coins. The period was marked by intensive trade activity and urban development. By 300 BCE, the Maurya Empire had united most of the Indian subcontinent except Tamilakam, which was ruled by Three Crowned Kings. The resulting political unity and military security allowed for a common economic system and enhanced trade and commerce, with increased agricultural productivity.