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Economic Growth

Economic Growth

Section titled “Economic Growth”

2020-04-27 11:46:03

Economy, Emergence of Coins during Mahajana

Section titled “Economy, Emergence of Coins during Mahajana”

![[6.3 Rise of Urban Centres#Coins and Trade]]

  • Gautama Dharmasutra refers to increased corporatisation. Terms in Buddhist texts viz Vinaya Pitaka such as shreni, nigama, puga, vrata etc show the emergence of guilds.
  • Pali texts contain the first reference to coins words such as Kahapana, Nikkha, kamsa, pada, masaka and Kakanika.
  • Punch marked coins most of them silver were discovered → qualitative change in economic transactions and long term implication for trade.
  • Gahapati and Setthi emerged as new social elites during this period.

Buddhist Texts Mention Various Occupations during the time :

Section titled “Buddhist Texts Mention Various Occupations during the time :”
  • Various other professions were vehicle maker, ivory worker, metal smith, gold smith, silk weaver etc
OccupationName
SoldiersYodhajivas
MinisterMahamachchas
GovernorsRathikas
Royal ChamberlainThapati
PolicemenRajabhata
JailorsBhadhanagarikas
PhysicianVejja, Bhisakka
AccountingGanana
ActorNata

PYQs

Section titled “PYQs”
  1. Write a short essay on: “Social and economic conditions of North India during the PreMauryan period (600-325 B.C.).” [1996, 20m]
  1. How far is it correct to say that changes in the post-Vedic economy gave birth to new religious movements in India? [2015, 15m]