(no subject)
ECONOMY- Notable aspects of the Indian Economy in 1500 AD were that India took part in agriculture activities. However, during this time period, India was mainly a trade-based society. 1500 was characterized by the changes that occurred when the Portuguese explorer Vasco da Gama arrived in India. He arrived in Calicut, which was the principle market of trade for precious stones, pearls, and spices. India trades spices and gems with the Portuguese and in return the Portuguese were expected to trade scarlet cloth, coral, silver, and gold with India. Finally, merchants conducted small business and were a major factor in Indian trade & commerce.