what were guilds ? what was their position in the economic system during the Mauryan empire.
Answers
Answer:
The guilds were powerful institutions. It gave craftsmen great support and protection. The guilds settled the disputes of their members. A few guilds issued their own coins.
Employing a carefully organized bureaucratic system, the Maurya Empire was able to maintain security and political unity across large parts of western and southern Asia. This included a common economic system supporting stable agriculture in its vast landholdings, as well as successful trade and commerce.
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Guild :-
The guilds were powerful institutions. It gave craftsmen great support and protection. The guilds settled the disputes of their members. A few guilds issued their own coins.
Economy System During Mauryan Empire :-
The existence of a stable centralized government and the unity of the sub-continent made by the emperor resulted in a fairly advanced trade. The Indian economy was a settled agricultural region. As it was the backbone of the economy, land revenue was the major source of income from the government.