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Indian Economy — Economics STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsIndian Economy2 Marks
Question
What is the nature of ancient India ?
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Answer

  • Ancient India was an agriculture country. India was also prosperous in industrial sector.
  • Ancient India had the diversity in agriculture sector.
  • India was having one of the oldest cultures of the world.
  • Ancient India was the biggest economy of the world.
  • Indian culture, agriculture, and trade played an important role in the world. International trade was also developed in ancient India.
  • The industries of rubber, clothes, coal, tea and coffee etc were developed in ancient India.
  • Most of the population depended on agricultural sector.
  • The share of India national income in world's income was $25\%$ in $16th$ century.

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