7. Portuguese Empire - 10.4 million km sq (1815)
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During the Maurya Empire (c. 321-185), there were a number of important changes and developments to the Indian Economy. It was the first time in India that was unified under one ruler.With an empire in place, the trade routes throuout India became more secure thereby reducing the risk associated with the transportation of goods.The empire spent resources building roads and maintaining them throughout India. The improved infrastructure combined with increased security, greater uniformity in measurement, and increasing usage of coins as currency enhanced trade. During this time, the Arhasastra was written by the Chanakya, an adviser to Chandragupta Maurya.The economic situation in the Maurya Empireis comparable to the Roman Empire several centuries later, which both had extensive trade connections and both had organizations similar to corporation.
of several decades all the way to the year 1.To this end he combined modern research techniques with his own extensive knowledgde of economic history and in particular countries' performances in the field of GDP per capita.His work resulted in a deep new understanding of the reasons why some countries have become rich whereas others have remained poor. In this vital field , Maddison is regarded as the world's most prominent scholar.
Exports :Surplus of Indian manufactures, like the muslin of Dacca,Calicos of Bengal, Shawls of Kashmir, steel and iron works, silk, and other textiles and handicrafts, agricultural products like pepper, cinnamon, opium, and indigo were exported to Europe, the Middle East and South-East Asia in return for gold and silver. GDP estimate : According to economic historian Angus Maddison in his book The World Economy: A millinnial Perspective , India had the world's largest economy from the first to 11th century, and in the 18th century, with a 32.9% share of world's GDP in the 1st century to 28.9% in 1000AD, and in 1700 AD with 24.4%.
Persians (pic. 4th from right) invaded India in 600 BC, then came Alexander (1st from left in 2nd row), Shack,Hun etc. to start Hindu Period.Hazrat Muhammad died in 632 AD. Within hundred years the Arabians became all powerful in Military strength and established a vast empire (pic. last row). Sultan Mahmood of Gazni invaded india in 1000 AD Muslim period extended upto entry of Birtish in 1857.