History, asked by sarassingh7333, 7 months ago

how did the indian trade system was largely expandation international level before the arrival of machine industry ​

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Answered by aashekakannan
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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 Raj.[2]

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 Raj.[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.

Indus Valley Civilization

Indus Valley CivilizationAncient and medieval characteristics

Indus Valley CivilizationAncient and medieval characteristicsMedieval India

Indus Valley CivilizationAncient and medieval characteristicsMedieval IndiaBritish rule

Indus Valley CivilizationAncient and medieval characteristicsMedieval IndiaBritish ruleRepublic of India

Indus Valley CivilizationAncient and medieval characteristicsMedieval IndiaBritish ruleRepublic of IndiaGDP post-Independence

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