Question

examine the nature of network of indian export trade before 1750

Answer 1

(i) A variety of Indian merchants and bankers were involved in the network of export trade-financing production, carrying goods and supplying exporters.

(ii) Supply merchants linked the port towns to inland regions. They gave advances to weavers, procured woven cloth from weaving villages and carried the supply to the ports.

(iii) At the port big shippers and export merchants had brokers who negotiated the price and bought goods from the supply merchants operating inland. This network of Indian merchants collapsed by 1750.