Business Studies, asked by Rajugoud1903, 11 months ago

Write down the history of trade and commerce in india

Answers

Answered by purvi2500
9

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Explanation:

TRADE & COMMERCE IN ANCIENT INDIA. India has had a maritime history dating back to around 4,500 years, since the Indus Valley Civilization. ... Proper rules of conduct of trade were laid by the head of trade guilds, known as Sarthavaha or Srenipramukha. The rules were called Samay and Srenidharma.

India has had a maritime history dating back to around 4,500 years, since the Indus Valley Civilization. The impetus to later re-develop maritime links was trade (primarily in cotton, pepper and other spices), due to the monopoly of the Persians and later the Arabs over land-based caravan routes. The later maritime journeys spread the influence of ancient and medieval Indian civilisation as far as the islands ofIndonesia to the east, the islands of Japan to the north, and the east coast of Africa to the west.

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