1 1 MODULE 1 INTRODUCTION INDIAN ECONOMY IN THE PRE-BRITISH PERIOD UNIT STRUCTURE 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Objectives Introduction Village communities Towns during pre-British period Handicraft Industries Summary Questions 1.0 OBJECTIVES 1. 2. To understand the structure and organization of villages and towns -during pre-British period. To study the various industries and Handicrafts during PreBritish Period. 1.1 INTRODUCTION In the preceding discussion‚ we are going to understand
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INTRODUCTION The Nigerian economy has several activities sectors which include agriculture (crops)‚ livestock‚ forestry‚ fishing‚ manufacturing‚ crude petroleum mining and quarrying‚ utilities‚ building and construction‚ transport‚ communication‚ wholesale and retail trades‚ hotels and restaurants‚ finance and insurance‚ real estate and business services‚ housing‚ producers of government services and community‚ social and personal services. However‚ with the advent of the crude petroleum sector
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land were known as Sumerians‚ who originated from the east around 5000 BCE (Adler‚ et al). The Sumerians were one of the first to develop many things that would play a part in influencing other cultures as well as modern civilization. They were the first to create city-states‚ develop a sophisticated system of writing‚ a basic sense of mathematics‚ and also a more in depth religion (Adler‚ et al). The invention of these were able to be passed down to the successors of the Sumerians and were able to
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The economy of Bangladesh is a rapidly developing market-based economy. Its per capita income in 2010 was est. US$1‚700 (adjusted by purchasing power parity). According to the International Monetary Fund‚ Bangladesh ranked as the 44th largest economy in the world in 2011 in PPP terms and 57th largest in nominal terms‚ among the Next Eleven or N-11 of Goldman Sachs and D-8 economies‚ with a gross domestic product of US$269.3 billion in PPP terms and US$104.9 billion in nominal terms. The economy has
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matters left a little to be desired. First of all‚ the Sumerians recognized the need to trap excess water. Rainfall at times was scarce and other times too abundant. Sumerian cities were close to waterways of some sort‚ be they rivers or seas. The Sumerians built canals from these waterways to the cities. A natural extension of this idea was to build a reservoir to maintain a water supply. This was the advent of irrigation. Secondly‚ the Sumerians invented the library. Other civilizations at the time
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are evading the International Revenue Service‚ employers and workers alike. Americans are reverting to the underground economy‚ where tax-evaders‚ illegal workers‚ prostitution‚ and drug rings are abundant. This type of hidden income made by these activities go unreported in the national income‚ and has become accepted as the status-quo all over the world. The Underground economy is difficult to control‚ but can be managed with well thought out tax plans‚ and more severe punishment. In the years
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From a socialist economy to a capitalist economy: The transition of SOEs in Russia The privatization reform in Russia – a recipe for economic success? Sixty nine years of Soviet Union (USSR) existence ended in 1991‚ when USSR disintegrated into fifteen independent states including Russia Federation as the largest‚ Estonia‚ Lithuania‚ Latvia‚ Ukraine‚ Belarus and Uzbekistan‚ just to name a few. In the newly established Russia Federation‚ the former leader Mikhail Gorbachev was replaced by
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and Ontario‚ represent a huge factor in the economy of the United States by being one of the major cities where trade takes place. General Motors‚ Ford and Chrysler also known as Americas ‘Big Three’ automobile companies are located in this city. The concept of External Scale Economies can help us explain why these three major companies are located in this area. Scales economies are important for a country because they represent a growth in its economy. Companies are able to produce more products
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early civilizations emerged here because of the fact that water was‚ and still is‚ abundant in the area. The Sumerian Civilization‚ the world’s earliest civilization in the world‚ emerged in Mesopotamia. They were the first people to invent a system of writing. This was cuneiform. Writing was made possible with the use of a stylus which was made of reed and with the use of this‚ Sumerians were able to write on clay tablets. Although cuneiform was used only by the ancient Mesopotamians‚ this led to
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the Growth and Development of the Nigerian Economy from 1960-2010 By 1 1 Aminu Umaru and 2Anono Abdulrahman Zubairu Department of Economics & 2Department of Management Technology School of Management and Information Technology Modibbo Adama University of Technology‚ Yola‚ Adamawa State‚ Nigeria. Abstract This paper investigates the contribution of agricultural sector and petroleum sector to the economic growth and development (GDP) of the Nigerian economy between 1960 and 2010 through the application
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