what were stalin's views about rich peasants and traders
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This was due to the trading activities of the various European companies which came to India during this period. India had commercial relations with the western countries from time immemorial.
But from the seventh century A.D. her sea-borne trade passed into the hands of the Arabs, who dominated the Indian Ocean and the Red sea. It was from them that the enterprising merchants of Venice and Genoa purchased Indian goods.
This monopoly of Indian trade by the Arabs, and the Venetians was sought to be broken by direct trade with India by the Portuguese.
But from the seventh century A.D. her sea-borne trade passed into the hands of the Arabs, who dominated the Indian Ocean and the Red sea. It was from them that the enterprising merchants of Venice and Genoa purchased Indian goods.
This monopoly of Indian trade by the Arabs, and the Venetians was sought to be broken by direct trade with India by the Portuguese.
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