what were the economic conditions of the mughals during the reign of the later mughals. pls answer fast i will give thanks and 5 star rating and brainelist if the option is available
Answers
Explanation:
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Explanation:
Economy
As a predominately rural empire, agricultural production was at the center of the Mughal economy. Mughal administrators made their way to rural areas, and along with local leaders, urged villagers to clear forests for farming and harvesting various goods for market. Soon Mughal farmers were growing and exporting large quantities of highly valued agricultural commodities, such as tobacco, cotton, sugarcane, pepper, ginger, indigo, opium, and even silk.
The Mughal rulers made sure to bring in revenue by taxing these agricultural goods. Scholars and bureaucrats studied many years of production in order to calculate uniform tax rates. Farmers and villages paid taxes on their goods with silver or copper coins. As agricultural lands expanded in the 17th and 18th centuries, Mughal economic growth boomed, and the economy came to be worth hundreds of millions of rupees per year.
Trade
The Mughal economy supplemented agricultural output with international trade. India had for centuries been the center of Indian Ocean trade. But by the 16th century, with Europeans connecting the world through sea lanes, India became integrated into the global network. For instance, back to those pajamas. Indian cotton textiles were highly in demand in Europe for summer wear and underwear. Calico, cotton textiles from Calicut, were especially popular. Mughal merchants took these and other goods as far as Russia, as well as to Indian Ocean ports. Through this trade, silver from Spanish America and global foodstuffs poured into the Mughal Empire.
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