1. Economy in Mughal Empire was dependent on agriculture, trade and other industries.
2. According to historians, since time immemorial agriculture has always been the backbone of economy of the country. Thus, in the Mughal era also agriculture was actually the biggest source of income.
3. The major crops that were grown during the Mughal era included millets, oilseeds, cereals, hemp, chilli, sugarcane, cotton, indigo, betel and other cash crops. Indigo cultivation was popular at that time in places various places like Agra and Gujarat.
4. Further, during the reign of Mughal emperor Jahangir, Portuguese introduced the cultivation of tobacco and potato in India. Mughal emperor Babur introduced the cultivation of several other central Asian fruits in the country.
5. During the Mughal era, trade both inside the country and outside grew tremendously. One of the main reasons cited by the historians for such development is the economic and political merger of India.
6. Rapid development of trade and commerce was also supported by the improved transport and communications systems.
7. Fatehpur Sikri, Lahore and Agra were the chief centres of silk weaving whereas Cambay, Broach and Surat in Gujarat were the major ports for foreign trade and business.
8. Urbanisation and fixed markets also helped in expanding economy in Mughal Empire. Initially, the weekly market concept was popular. Eventually several trade centres in prosperous cities with the growth of the economy.
9. Besides the metalled highways, river transport system was also considered significant for navigation throughout the year. Such initiatives by the rulers were vital contributing factors in the developed economy of the era.
1. Economy in Mughal Empire was dependent on agriculture, trade and other industries.
2. According to historians, since time immemorial agriculture has always been the backbone of economy of the country. Thus, in the Mughal era also agriculture was actually the biggest source of income.
3. The major crops that were grown during the Mughal era included millets, oilseeds, cereals, hemp, chilli, sugarcane, cotton, indigo, betel and other cash crops. Indigo cultivation was popular at that time in places various places like Agra and Gujarat.
4. Further, during the reign of Mughal emperor Jahangir, Portuguese introduced the cultivation of tobacco and potato in India. Mughal emperor Babur introduced the cultivation of several other central Asian fruits in the country.
5. During the Mughal era, trade both inside the country and outside grew tremendously. One of the main reasons cited by the historians for such development is the economic and political merger of India.
6. Rapid development of trade and commerce was also supported by the improved transport and communications systems.
7. Fatehpur Sikri, Lahore and Agra were the chief centres of silk weaving whereas Cambay, Broach and Surat in Gujarat were the major ports for foreign trade and business.
8. Urbanisation and fixed markets also helped in expanding economy in Mughal Empire. Initially, the weekly market concept was popular. Eventually several trade centres in prosperous cities with the growth of the economy.
9. Besides the metalled highways, river transport system was also considered significant for navigation throughout the year. Such initiatives by the rulers were vital contributing factors in the developed economy of the era.