MHI-05 Solved Free Assignment 2023
HISTORY OF INDIAN ECONOMY
MHI-05 Solved Free Assignment 2023
MHI-05 Solved Free Assignment July 2022 & Jan 2023
Q 1. Discuss major approaches to the study of medieval economy.
Q 2. Examine the nature and pattern of Mauryan economy.
Q 3. Analyse the features of the agrarian order and revenue organization of the Cholas during the 9th to 13th centuries.
Q 4. Critically examine the nature of the organization of the craft production during the medieval period.
Q 5. Write short notes on any two of the following. Answer in about 250 words each.
i) Chiefdom-societies of Ahar and Jorwe Cultures
ii) Long distance trade of the Harappans
iii) Roman coins and their distribution pattern in peninsular India
iv) Khwud-kashta and Pahi-kashta peasants
Q 6. Write a note on the business practices of medieval India with special reference to partnership and brokerage.
Q 7. Discuss the impact of European intervention on Indian merchants and trade during the eighteenth century.
Q 8. Critically analyse the socio-economic impact of commercialization during the colonial period.
Q 9. Give a brief account of the changes that took place in the Indian small scale industries during the late eighteenth and early nineteenth centuries.
Q 10. Write short notes on any two of the following. Answer in about 250 words each.
i) Irrigation technology during the medieval period
ii) Mughal Bridges
iii) Birla Brothers
iv) Five Year Plans
Ans 1. The medieval period, which spanned from the 5th to the 15th century, was a time of significant economic transformation.
This era saw the rise of feudalism, the growth of urban centers, and the emergence of international trade networks. MHI-05 Solved Free Assignment 2023
The study of medieval economy is a complex field that requires interdisciplinary knowledge and methods.
Scholars have developed various approaches to understand the economic dynamics of this era, and in this essay, we will discuss some of the major approaches to the study of medieval economy.
One approach to the study of medieval economy is the institutional approach. This approach examines the legal and social institutions that shaped economic activity in medieval society. MHI-05 Solved Free Assignment 2023
Scholars who use this approach analyze how property rights, contracts, and regulations influenced economic behavior.
For example, medieval Europe had a complex system of land tenure that determined who had the right to use and control land.
The institutional approach explores how these land tenure systems impacted agricultural production, labor relations, and land markets.
This approach also examines how guilds and other economic associations regulated trade and industry. MHI-05 Solved Free Assignment 2023
The institutional approach emphasizes the role of institutions in shaping economic behavior and outcomes.
Another approach to the study of medieval economy is the demographic approach. This approach focuses on the relationship between population growth and economic change.
Demographic historians examine patterns of fertility, mortality, and migration to understand how changes in population affected economic activity.
For example, the Black Death, a pandemic that swept across Europe in the mid-14th century, had a profound impact on the medieval economy.
Demographic historians study how the loss of population from the Black Death affected labor markets, agricultural production, and urban growth.
They also analyze how changes in family size and structure impacted household economies and consumption patterns.MHI-05 Solved Free Assignment 2023
A third approach to the study of medieval economy is the ecological approach. This approach examines how environmental factors, such as climate, topography, and natural resources, shaped economic activity.
Ecological historians study how changes in the natural environment affected agricultural productivity, land use, and trade patterns.
For example, the Little Ice Age, a period of cooling that occurred in the late medieval period, had a significant impact on agricultural production in Europe.
Ecological historians explore how changes in climate affected crop yields, livestock productivity, and land use patterns. MHI-05 Solved Free Assignment 2023
They also analyze how the availability of natural resources, such as timber and minerals, influenced trade and industry.
A fourth approach to the study of medieval economy is the quantitative approach. This approach uses statistical and mathematical methods to analyze economic data from the medieval period.
Quantitative historians study trends in prices, wages, and production to understand how economic activity changed over time.
They also use models to simulate economic behavior and test hypotheses about economic outcomes.MHI-05 Solved Free Assignment 2023
For example, quantitative historians have used price data to analyze long-term trends in inflation and deflation in medieval Europe.
They have also used wage data to explore the relationship between labor supply and demand.
A fifth approach to the study of medieval economy is the cultural approach. This approach explores how cultural factors, such as beliefs, values, and norms, shaped economic behavior in medieval society.
Cultural historians study how religious beliefs, for example, influenced attitudes toward commerce, lending, and profit-making.
They also examine how gender roles and social hierarchies affected economic activity. For example, medieval society was highly stratified, with nobles, clergy, and commoners occupying distinct social roles.
Cultural historians explore how these social hierarchies influenced economic behavior and outcomes. MHI-05 Solved Free Assignment 2023
A sixth approach to the study of medieval economy is the comparative approach. This approach compares the economic systems and institutions of medieval Europe to those of other regions and periods.
Comparative historians explore similarities and differences in economic behavior across time and space.
For example, they might compare the land tenure systems of medieval Europe to those of other regions, such as China or the Islamic world.
They might also compare the growth of urban centers in medieval Europe to the urbanization processes of other regions and periods.
The comparative approach enables historians to identify general patterns and processes of economic change.MHI-05 Solved Free Assignment 2023
A seventh approach to the study of medieval economy is the global approach. This approach examines the economic interactions between medieval Europe and other regions of the world.
Global historians study the trade networks that connected medieval Europe to Asia, Africa, and the Americas.
They explore how the exchange of goods, ideas, and technologies influenced economic activity in both Europe and other regions.
For example, the Silk Road, a network of trade routes that linked Europe to China and other parts of Asia, had a significant impact on the medieval European
economy.Global historians analyze how the trade in luxury goods, such as silk and spices, affected European consumption patterns and economic growth.
While each of the approaches to the study of medieval economy has its own strengths and weaknesses, scholars often use a combination of these approaches to gain a more complete understanding of economic activity in medieval society.
For example, a historian might use the institutional approach to study the legal and social structures that shaped agricultural production, the demographic approach to explore patterns of fertility and mortality that influenced labor markets, and the quantitative approach to analyze trends in prices and wages.
Moreover, these approaches are not mutually exclusive, and scholars may use different approaches in different contexts depending on their research questions and available data. MHI-05 Solved Free Assignment 2023
For example, a historian studying the growth of urban centers in medieval Europe might use the ecological approach to explore the impact of natural resources on urbanization, the cultural approach to examine how social hierarchies and gender roles shaped urban economies, and the comparative approach to compare the urbanization processes of medieval Europe to those of other regions and periods.
The interdisciplinary nature of the study of medieval economy is also reflected in the range of sources that historians use to reconstruct economic activity in this era.
These sources include legal documents, such as charters and land deeds, economic records, such as price lists and account books, literary sources, such as poetry and travelogues, and archaeological evidence, such as pottery and tools.
By using a variety of sources and approaches, historians can build a more comprehensive and nuanced understanding of the economic transformations that shaped medieval society. MHI-05 Solved Free Assignment 2023
It is also important to note that the study of medieval economy is not just an academic pursuit, but has broader implications for understanding the economic systems and institutions that continue to shape our world today.
For example, the study of medieval guilds and other economic associations can provide insights into the ways in which modern labor unions and trade organizations operate.
Similarly, the study of medieval land tenure systems can inform debates about contemporary debates around land ownership and land use.
By examining the economic systems and institutions of the past, historians can shed light on the social, political, and economic structures that shape our present and future. MHI-05 Solved Free Assignment 2023