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An Introduction on IGNOU BECC-113 Course
For most of the next two and a half millennia, beginning around the end of the first millennium BC and ending around the beginning of British rule in India, India’s economy was one of the largest in the world.
The Mahajanapadas minted punch-marked silver coins around 500 BC. During this time, there was a lot of trade going on and a lot of urban development. By 300 BC, the Maurya Empire had united the majority of the Indian subcontinent, with the exception of Tamilakam, which was ruled by Three Crowned Kings who were Maurya allies. As a result of the resulting political unity and military security, a common economic system and improved trade and commerce, as well as increased agricultural productivity, were possible.
Classical and early mediaeval kingdoms such as the Cholas, Pandyas, Cheras, Guptas, Western Gangas, Harsha, Palas, Rashtrakutas, and Hoysalas followed the Maurya Empire. For the majority of the time between the first and eighth centuries, the Indian subcontinent had the world’s largest economy. It should be noted, however, that its GDP per capita was higher than the subsistence level until 1000 AD.
India experienced per capita GDP growth during the Gupta empire and the Delhi Sultanate in the north and the Vijayanagara Empire in the south during the high mediaeval era, but it was not as productive as Ming China until the 16th century. By the late 17th century, most of the Indian subcontinent had been reunited under the Mughal Empire, which grew to become the world’s largest economy and manufacturing power, producing roughly a quarter of global GDP before fragmenting and being conquered over the next century. Bengal Subah, the empire’s wealthiest province, which accounted for 40% of Dutch imports from outside the west,[8] had advanced, productive agriculture, textile manufacturing, and shipbuilding during a period of proto-industrialization.
How to Download IGNOU BECC-113 Study Material/Book?
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List of Available IGNOU BECC-113 Study Materials:
BECC-113 Indian Economy II | Click to |
IGNOU BECC 113 Study Material (Egyankosh) | Download |
IGNOU BECC 113 Help Book/Guide Book | Download |
IGNOU BECC 113 Solved Assignment | Download |
IGNOU BECC 113 Solved Guess Paper | Download |
IGNOU BECC 113 Previous Year Solved Question Papers | Download |
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