Group No.

3
Evolution of business environment refers to
origin and growth of business activities over a
period of time. Business activities started
when people started to exchange goods for
goods, it started since the days of early
civilization around 5000 B.C. Exchanges of
goods for goods is known as Barter System.
Actual business started from the time of
Indus valley civilization.
Indus Valley Civilization -
3300 - 1700 BC
Agriculture was the main occupation of the
people

Besides farmers, other classes of people were
barbers, carpenters, doctors (ENGLISH
practitioners), gold smiths, weavers, etc.

USE OF COINS AS
A MEDIUM OF
EXCHANGE
INFLUENTIAL ROLE OF HINDUISM
IN BUSINESS/CAST SYSTEM
OTHER IMPORTANT FEATURES
Harappa, Mohenjo-Daro
EVIDENCE HAS BEEN FOUND OF
WELL LAID STREETS, LAYOUTS,
DRAINAGE SYSTEM AND WATER
SUPPLY IN THE VALLEY'S MAJOR
CITIES.

Maurya Empire - BC 321-185 BC
DEVELOPMENT OF ADVANCED
INFRASTRUCTURE
DURING MAURYA EMPIRE
IMPORTANT DEVELOPMENTS TOOK
PLACE IN THE INDIAN ECONOMY
ADVISOR OF CHANDRAGUPTA MAURYA
ARTHASHASTRA
SHAWLS OF KASHMIR
HANDICRAFTS
MUSLIM TRADING COMMUNITIES GREW
THROUGHOUT COASTAL SOUTH INDIA
ORGANIZED BANKING SYSTEM STARTED
DURING THIS PERIOD
INTERNAL TRADE FLOURISHED
FOREIGN TRADE FLOURISHED DURING
THE MIDDLE SULTANATE PERIOD
GREAT SHIPPING TRADE
ECONOMY OF TOWNS FLOURISHED
THE MUGHAL
ERA 1525 -
1725

The Mughal Era
1525 - 1725

ITEMS OF
IMPORTS
EXPORTS
INDIA'S FOREIGN TRADE DURING THIS TIME
WAS LAND-ROUTE
DURING THE
MOGHUL PERIOD
MONEY-LENDING
AND
INDIGENOUS
(LOCAL) BANKING
ACTIVITIES
WERE IN
PROBLEM
LAND REVENUE
ADMINISTRATI
ON UNDER THE
MUGHAL
EMPIRE
MARATHAS, NAWABS AND
NIZAMS 1674-1818
MARATHAS AND NIZAMS ADOPTED TAX
ADMINISTRATION SYSTEM SIMILAR TO
MUGHALS
Two-thirds of the civil service (the
departments that carry out the work
of the Government) in India was still
dominated by Muslim officers
EXPANSION OF MARATHAS
EMPIRE
Fight between
Nawabs and Rajas
INDIA WAS WELL-
KNOWN FOR ITS
INDUSTRIAL PRODUCTS
TILL ABOUT 18TH
CENTURY :

THE ARRIVAL OF EUROPEANS IN INDIA -
1497 - 1845

REVOLUTIONARY CHANGES
INDIAN COMMODITIES WERE IN GREAT
DEMAND IN THE EUROPEAN MARKETS
IN 1497, VASCO DA GAMA STARTED HIS
JOURNEY TO DISCOVER THE NEW SEA
ROUTE TO INDIA
DUTCH, BRITISH AND FRENCH ALSO CAME
AFTER PORTUGUESE TO CONQUER INDIA
BRITISHERS SET-UP A TRADING POST
THE PORTUGUESE WERE NOT SATISFIED
WITH A SHARE IN THE TRADE THEY WANTED
TO CONTROL IT
RESTRICTIONS WERE IMPOSED BY
PORTUGALS
OVERALL POSITION OF TRADE AND
COMMERCE DURING PORTUGUESE
PERIOD
DECLINE OF
PORTUGUESE
DURING THE
BEGINNING OF
17TH CENTURY

AGRICULTURE

WAGES
TRANSPORT
TRADE
THE TRADE WAS VERY MUCH LIMITED,
EXCEPTING CASE OF LUXURY GOODS, METAL-
WARES, SALT ETC
THE WEEKLY BAZAAR WAS HELD AT
DIFFERENT PLACES
WEEKLY BAZAARS WERE NOT PROPERLY
ORGANIZED ANNUAL FAIRS
THE VILLAGE
COMMUNITY
URBAN HANDICRAFTS
TEXTILES
SILKS
WOOLENS
JEWELLERY
URBAN HANDICRAFTS
METAL -WARES
DYEING,PRINTING
EMBROIDERY
CARVING
RURAL (VILLAGE
HANDICRAFTS)
LAND OF
VILLAGES
NO
EXPANTION
NO
SPECIALIZATION
TRADITIONAL
SYSTEM
DECLINE IN
HANDICRAFTS
ISOLATION
AND
AUTONOMY
LESS
DEVELOPMENT

FAMINES
DECLINE OF
EMPIRES

SUPERSTITIOUS
AND NARROW
MINDED
CONCLUSION
NAME ROLL NUMBER
PAYAL BALSARA 104
NIKHIL BANKAR 105
KARYN DSOUZA 115
RAHUL HANUMANTE 118
ROHIT KAMBLE 122
PANKAJ MISHRA 127