History, asked by ritagupta57, 1 month ago

give me the answers of the question
history chapter 2 question no 1 to 4​

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Answered by 976947
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Ans 1: Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. ... Smith's ideas–the importance of free markets, assembly-line production methods, and gross domestic product (GDP)–formed the basis for theories of classical economics.

Ans2 : Mercantilism is based on the principle that the world's wealth was static, and consequently, many European nations attempted to accumulate the largest possible share of that wealth by maximizing their exports and by limiting their imports via tariffs.

Ans 3: Portuguese

Portuguese were the first Europeans to start trade with India. After the fall of Ottoman Empire and capture of Constantinople in 1453 it became difficult for Europeans to trade with India via land route

Ans4: Dutch presence on the Indian subcontinent lasted from 1605 to 1825. Merchants of the Dutch East India Company first established themselves in Dutch Coromandel, notably Pulicat, as they were looking for textiles to exchange with the spices they traded in the East Indies

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