India's Economic History

The early history of the Indian civilization dates back to the Halapan civilization of 3000 BC and acquired a clear model for centuries early in the Christian era. During this period, India developed not only its own social order and lifestyle philosophy but also a series of political norms that formed its worldview (Cox, 1997: pp 124). For example, the concept of religious tolerance is always a theme in Indian history, including Turkish rule from the 13th to the 8th century (pp 125).

A common meme in the history of Indian economics is that it is a very wealthy country, then falls into British business policy, and "Golden Bird" is no longer golden. As China and India are much more densely populated than Romans and Mayans, Indian per capita income is low. The same applies to China, but due to the caste system India is much weaker than the poor in the Middle East and Europe. Nonetheless, India is one of the most powerful countries due to its main position in trade, as its population is high (high birth rate and death rate). The foundation of the industry in India is agriculture, cottage supplies, handicraft items which are luxury goods of Western European consumers. When the UK established a trade center in India, that country always had a trade deficit with India (and China that caused the opium war).

India is a country of ancient civilization. The social, economic and cultural structure of India is a product of long-term regional expansion. The history of India began with the birth of the Indus Valley civilization and the arrival of the Aryan people. These two stages are usually described as the previous era of Veda and Veda. Hindu appeared in the Veda era. Under the rule of Ashoka in the 5th century, India unified the conversion of Buddhism, Buddhism spread in many parts of Asia. Muslims came to India for the first time in the 8th century, but by the 11th century I established my own political power in India. It eventually led to the formation of a Delhi Sultan country that was inherited by the Mughal Empire, and India again achieved a massive political unity.