lnulAS lC8LlCn 18AuL

8?
A8PlSPLk kuMA8 (20100102)
SAÞ1A8SPl 8C? (20100122)
lndus valley clvlllzaLlon
W lLs clLlzens
W pracLlced agrlculLure
W domesLlcaLed anlmal
W made sharp Lools and weapons from copperţ
bronze and Lln and Lraded wlLh oLher clLlesŦ
onŧŦ
W LexLlleţ
W food processlng
W crafLs
W 8esldes farmersţ oLher classes of people were
barbersţ carpenLersţ docLors(Ayurvedlc
pracLlLloners)ţ goldsmlLhsţ weavers eLcŦ
W !olnL famlly sysLem
CuÞ
Accordlng Lo economlc hlsLorlan Angus
Maddlson ln hls book 1be wotlJ ícooomyť A
Mllleoolol letspectlve
W lndla had Lhe worldƌs largesL economy from
Lhe flrsL Lo Lhe 18Lh cenLuryţ wlLh a (32Ŧ9Ʒ)
share of world CuÞ ln Lhe 1sL cenLury Lo
(28Ŧ9Ʒ) ln 1000 Auţ and ln 1700 Au wlLh
(24Ŧ4Ʒ)Ŧ
Maurya Lmp|re(8 321Ŵ183 8)
W Lhe Lrade rouLes LhroughouL lndla became
more secure
W colns as currency
W exLenslve Lrade connecLlons wlLh 8oman
Lmplre
Mugha| Lmp|re (1326Ŵ1838)
W lndla changed beLween belng Lhe flrsL and
secondŴlargesL economy ln Lhe world
W 1he gross domesLlc producL of lndla ln Lhe
16Lh cenLury was esLlmaLed aL abouL 24Ŧ3Ʒ of
Lhe world economyŦ
W Lnforced a unlform cusLoms and LaxŴ
admlnlsLraLlon sysLemŦ
r|t|sh ru|e
W ceased lmporLlng gold and sllver
W 1he flxlng of exchange raLes
W and Lhe sLandardlzaLlon of colnageţ
paradoxlcallyţ added Lo Lhe economlc
downLurn
W exporLer of processed goods
W Lo belng an exporLer of raw maLerlals and a
buyer of manufacLured goods
Cnŧ
W llne coLLon and sllk was exporLed
W creaLed a wellŴdeveloped sysLem of rallwaysţ
Lelegraphs and a modern legal sysLem
epub||c of Ind|a
-ehruv|an Soc|a||st rate of growth
8efer Lo Lhe low annual growLh raLe of Lhe
economy of lndla before 1991Ŧ
W SLagnaLed aL around 3Ŧ3Ʒ from 1930s Lo
1980s
W Þer caplLa lncome growLh averaged exLremely
low 1Ŧ3Ʒ a year

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.

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ff ¯½ % ..

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 ½ n€° f .

- f° nf¾f €–  €  f°°f–f €  n°¯€° f €   W f–°f ff°   €¯¾ ¾ W 9 nf½f°n¯ –f f–   ¯    f f .

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