0
In the early days Indian economy was totally based on agriculture. People used to produce whatever they required for their self-consumption. There was no need for sale or exchangeof goods. But later on, needs of the people increased and so did the production. Peoplebegan to specialise in producing different items of luxury and daily use and did not haveskills and time left for producing others items of their use. However, they were able to produce surplus items with increase in their efficiency. So, a system of exchanging surplus items with the items of need was evolved. This was the beginning of trade. It is normally understood that India has progressed a great deal in the modern time, especially after independence, in the field of business and trade. Pt. Jawaharlal Nehru used to refer to factories and industries as 'temples of modern India'. India has become a strong country in
terms of industrial growth so much so that we are able to produce almost all goods of our use indigenously. This however, does not mean that there was no growth and development in these fields in the past in India. In fact, India has a very rich heritage in trade and commerce,
which can make any Indian feel proud of.
by Mercury infotech Chandigarh
What else can I help you with?
Is Fiona wades parents both Indian?
Fiona Wade, the actress known for her role in "Emmerdale," has a mixed heritage. Her father is of Indian descent, while her mother is of English descent. Therefore, not both of her parents are Indian.
Who are the role players in production planning?
role players in production planning
Who are role players in production planning?
role players in production planning
Centralized economic system?
In centralized economic system everything in the economy is controlled by the government. In this type of economies market does not have any role to play. Production and consumption of goods are controlled by the government.
What is the role of an engineer in production management?
what are the role of production management-an expository study
What was the Production Budget for Role Models?
The Production Budget for Role Models was $28,000,000.
What is the significance of the Sanskrit language in the cultural heritage of India and its influence on the concept of motherhood?
The Sanskrit language holds great significance in India's cultural heritage as it is the language of ancient Indian texts, including religious scriptures and philosophical works. In these texts, the concept of motherhood is often portrayed with reverence and respect, emphasizing the role of mothers as nurturing and selfless figures. Sanskrit has played a key role in shaping these cultural beliefs and values surrounding motherhood in Indian society.
What is the role of acids and bases in paper production?
what is the role of acids and bases in the paper production?
What nationality was Rai Bahadur daya rum sahni?
Rai Bahadur Daya Ram Sahni was Indian. He was a prominent archaeologist and played a significant role in the excavation of the Harappan civilization sites in the early 20th century. His contributions to Indian archaeology and heritage are well recognized.
What is role of LIC's in Indian economy?
Check out the related link on LIC's role in the Indian economy.
Sachin's role in cricket Indian team?
Sachin's role..? He is the savior of Indian cricket team.
Who is the Father of Indian archaeology?
Sir Alexander Cunningham is known as the Father of Indian Archaeology. He played a significant role in establishing the Archaeological Survey of India and contributed greatly to the study and preservation of India's cultural heritage through archaeological research and excavations.
