Both overland and sea trade were crucial to India's economy, but sea trade often held a more significant role due to India's extensive coastline and maritime history. The Indian ocean facilitated trade with various regions, including Southeast Asia, the Middle East, and East Africa, allowing for the exchange of goods like spices, textiles, and precious stones. Sea trade not only boosted economic prosperity but also fostered cultural exchanges and maritime innovations. Overland trade routes, while important, were often less efficient and faced more geographical challenges.
World trade became more important to the American economy.
The U.S. economy was growing more tied to other nations,
Direction of trade means the destination of our exports and the location of our imports.Earlier it was to Britain that India exported and imported its commodities.Since then it is not the same.(Browse and you'll get the answer for the present scenario of direction of trade) Composition of trade means the items of trade.Better say,the items we export and import.
He could engage in profitable trade with the Mediterranean world.
around 1400 CE, exploration and new sea routes brought an end to much of the overland trade.
Both overland and sea trade were crucial to India's economy, but sea trade likely had a more significant impact due to its ability to connect India with a broader range of international markets. The Indian Ocean trade routes facilitated the exchange of spices, textiles, and precious stones with countries in Africa, the Middle East, and Southeast Asia, leading to increased wealth and cultural exchange. Additionally, maritime trade allowed for the movement of larger quantities of goods over longer distances, enhancing India's economic influence globally. Overall, while overland trade was important, the extensive reach and volume of sea trade arguably made it more vital to India's economic development.
See: India/Opium Trade
answer
Overland trade are trades that occur by traveling on land to the destination of trading rather than crossing oceans
Agricultural trade.
Importance of the Maya Economy and Trade: Maya economy and trade remains one of the more mysterious aspects of Maya life.
Trade
Trade helped boost its economy and spread its influence.
Trade helped boost its economy and spread its influence.
fishing
the overland trade route stretching from the Black Sea to Cina is called the "Silk Road"
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