Advertisements
Advertisements
Question
What do you understand by maritime trade?
Advertisements
Solution
Maritime trade refers to trading or shipment of goods via sea or other waterways. In early times, Malabar Coast, Coromandel Coast, etc. were important ports which facilitated maritime trade in India.
APPEARS IN
RELATED QUESTIONS
List any five major commercial cities of ancient India
What is Hundi?
What were the different types of Hundi in use by traders in ancient times?
State the different types of economic activities.
Why is business considered an economic activity?
Define business.
Describe the important characteristics of business.
What factors are to be considered while starting a business? Explain.
Which of the following best describes business?
What is the core purpose of business as defined by Prof. Pride, Hughes, and Kapoor?
What does Rohit's Bakery illustrate about business risk?
Which feature emphasizes that profit is the fundamental driving force of business?
Which feature indicates that a business requires the participation of both a buyer and a seller?
