Sign in
  • Home
  • Tourism
    • Educational
    • Business Management
  • Biography
  • Finance
  • Insurance
  • job Alert
  • Movie Review
  • Stock Market
Sign in
Welcome!Log into your account
Forgot your password?
Privacy Policy
Password recovery
Recover your password
Search
Saturday, February 4, 2023
  • Sign in / Join
  • contact us
  • DMCA
  • Privacy Policy
  • disclaimer
  • Terms and Conditions
Sign in
Welcome! Log into your account
Forgot your password? Get help
Privacy Policy
Password recovery
Recover your password
A password will be e-mailed to you.
knowledgeadda knowledgeadda
knowledgeadda knowledgeadda
  • Home
  • Tourism
    • Educational
    • Business Management
  • Biography
  • Finance
  • Insurance
  • job Alert
  • Movie Review
  • Stock Market
Home Blogging Foundations of business | Trade and commerce

Foundations of business | Trade and commerce

126

1. HISTORY OF TRADE AND COMMERCE

India has Himalayas in the north, bordered by water in south India got connected to adjoining foreign countries through the network of roads leading to Silk Route. The maritime routes linked the cast and west by sea and were used for trade of spices,

known Spice Route. The progress of domestic and international trade in ancient India developed due to flow of wealth through these routes Many trade centres and Industrial Beit also started.

Read morewhat is electric Bicycles

Archaeological evidences have shown that trade and commerce was the base of the economy of ancierit India. The trade was mainly carried out by water and land. The civilisations like Harappa and Mohenjodaro had established commercial connections with Mesopotamia and traded in gold. silver, copper, coloured geistones, de

The period was marked by substantial commercial activities and urban development There were some tride regulations, different types of coins and weighing practices Later on some common acceptable weights and measures were developed

1.1 Indigenous Banking System

Read moreWhat is inDriver App What works? complete information

With the progress of economic life following development took place.

1. Metal coin became common medium of exchange

2 Documents such as Hundis and Chitti were used for buying and selling on credit.

Read moreWhich country's company is MRF and who is its owner?

3 Handi became very popular Hundi involved a contract which-

  •   Warranty the payment of money. It indicated an unconditional promise.
  •  Could be transferred through valid negotiation.
  • Different types of Hundis as used by Indian merchants.

4. Development of Indigenous banking system.

This played a special role

  • People began to deposit precious metals with lending institutions acting as bankers of seths
  • These bankers and seths became an instrument for supplying money for producing more goods
  • Indigenous banks played a special role in lending money and financing domestic trade
    • Agriculture and Domestication of animals also help to generate surplus and savings investment.

See More:

Major Trade Centres & Exports and Imports.
  • TAGS
  • business
  • business analyst
  • business card template
  • business casual
  • business central
  • business credit
  • business credit cards
  • business email
  • business for sale
  • business ideas
  • business insider
  • business insurance
  • business intelligence
  • business letter format
  • business license
  • business loans
  • business management
  • business name generator
  • business news
  • business office depot
  • business plan
  • business plan template
  • business proposal
  • business proposal kdrama
  • business trade and commerce
  • business trade and commerce class 11 notes
  • commerce
  • commerce bank credit card
  • commerce bank login
  • commerce bank near me
  • commerce bank online
  • commerce bank online banking
  • commerce casino
  • commerce city co
  • commerce city colorado
  • commerce clause
  • commerce control list
  • commerce definition
  • commerce department
  • commerce ga
  • commerce georgia
  • commerce hub order stream login
  • commerce inspector
  • commerce insurance
  • commerce learning center
  • commerce title
  • commercebank.com
  • commercehub
  • commercehub login
  • commercetools
  • difference between trade and commerce
  • foundations behavioral health
  • foundations bible college
  • foundations church
  • foundations church loveland
  • foundations counseling
  • foundations decor
  • foundations digital login
  • foundations for living
  • foundations house
  • foundations in personal finance
  • foundations mattress
  • foundations of addictions counseling
  • foundations of business 5th edition
  • foundations of business 5th edition pdf
  • foundations of business 6e
  • foundations of business 6th edition
  • foundations of business 6th edition citation
  • foundations of business 6th edition free
  • foundations of business 6th edition pdf
  • foundations of business 6th edition pdf free
  • foundations of business analytics
  • foundations of business communication
  • foundations of business management bbs013-1
  • foundations of business pride hughes kapoor
  • foundations of business thought
  • foundations of business william m. pride pdf
  • foundations of geopolitics
  • foundations of machine learning
  • foundations of mathematics
  • foundations of physics
  • foundations of reading
  • foundations of social theory
  • foundations of social theory deutsch
  • foundations of social theory summary
  • foundations of world unity
  • foundations revealed
  • foundations software
  • foundations u
  • how can trade and commerce be fair
  • ministry of commerce trade and industry
  • ministry of trade and commerce
  • morals in trade and commerce
  • philosophical foundations of business ethics
  • the foundations of business 6th edition
  • trade a plane classified
  • trade analyzer
  • trade and commerce difference
  • trade and commerce in india
  • trade and commerce in medieval india
  • trade and commerce in the early empire
  • trade and commerce in the middle ages
  • trade and commerce in which list
  • trade and commerce issues
  • trade and commerce meaning
  • trade and commerce of harappan civilization
  • trade and commerce of mizoram
  • trade and commerce of tripura
  • trade and commerce power
  • trade and commerce ppt
  • trade coffee
  • trade credit meaning
  • trade deficit
  • trade desk
  • trade desk stock
  • trade gothic next pro
  • trade ideas
  • trade in value calculator
  • trade jobs
  • trade mark
  • trade me
  • trade offs definition
  • trade poe
  • trade rumors
  • trade school
  • trade school programs
  • trade schools near me
  • trade union
  • trade view
  • trade winds
  • trader joe's
  • tradestation
Facebook
Twitter
Pinterest
WhatsApp
    Previous articlewhat is electric Bicycles
    Next articleMajor Trade Centres & Exports and Imports.
    Ashok Kumar Gupta

    RELATED ARTICLESMORE FROM AUTHOR

    Blogging

    Jio का 749 Plan हुआ महंगा, अब Unlimited Calling के लिए देने होंगे 899 रुपए

    Blogging

    Electric Vehicle and Environment Essay

    Blogging

    ओटीपी का क्या मतलब है | what does OTP mean

    MOST COMMENTED

    How electricity is made from coal in Hindi | बिजली, कोयले से कैसे बनायीं जाती है
    Electricity

    How electricity is made from coal in Hindi | बिजली, कोयले...

    How electricity is made from coal in Hindi | बिजली, कोयले से कैसे बनायीं जाती है।-देश के Thermal Plants इन दिनों कोयले की कमी...
    BITCOIN

    What is Bitcoin and how to invest in bitcoin

    Rakesh Jhunjhunwala

    Rakesh Jhunjhunwala Net Worth 2022: Dies at 62 Earnings Portfolio |...

    CRED BOUNTY BUZZ OFFER-CRED बाउंटी बज़ ऑफ़र शफ़ल कॉन्टैक्ट्स द्वारा मुफ़्त...

    Shopping with Amazon

    • Laptop & Accessories
    • Mobile & Accessories
    • Tv & Home Entertainment
    • Office & Stationary 
    • Todays Deals
    • New Releases

    HOT NEWS

    Tourism

    Salkanpur Mata Mandir

    केन्द्रीय सीमा शुल्क से सम्बन्धित पदाधिकारियों के कार्यों, अधिकारों एवं शक्तियों का वर्णन कीजिए | Describe the functions, rights and powers of authorities related to central customs duty
    Educational

    सीमा शुल्क अधिनियम के अंतर्गत आयात-निर्यात पर निषेध क्यों लगाए गए...

    share-market
    Gadgets

    How to invest in share market?

    Blogging

    How to Format Laptop and PC

    EDITOR PICKS

    IRCTC Responds After British Tourists Were Charged Rs 224 For Using...

    Top things to know before the market opens today

    Stock Market Today: Top things to know before the market opens...

    राजू श्रीवास्तवा का जीवन परिचय | Biography of Raju Srivastava

    राजू श्रीवास्तवा का जीवन परिचय | Biography of Raju...

    POPULAR POSTS

    How can be you fit in this Era Did you notice...

    Gujarat Titans Owner, Teams And All Details

    CDS General Bipin Rawat

    POPULAR CATEGORY

    • Blogging21
    • Educational20
    • Business Management9
    • Tourism8
    • Gadgets8
    • Biography8
    • Basics of Daily life6
    • Banking5
    • Stock Market5
    knowledgeadda
    ABOUT US
    On this website, we share all the information related to Blogging, SEO, Internet,Affiliate Program, Make Money Online and Technology with you, here you will get the solutions of all the Problems related to internet and technology to get the information of our new post Or Any Query About any Product just Comment At Below.
    Contact us: ashokgupta811@gmail.com
    FOLLOW US
    • contact us
    • DMCA
    • Privacy Policy
    • disclaimer
    • Terms and Conditions
    © © Copyright 2022-2023, All Rights Reserved | Proudly Design by XETO OFFICIAL