During the past times, the economic condition of Nepal was quite good. Agriculture, cottage industry, and trade were the main occupations of the people. There were three types of taxes that were used to impose on
agriculture, cattle-rearing, and trade which was called Trikar. The Kirats raised others taxes as well. The tax office was called KutherAdda.
Nepal used to be the common route for trade between the North and the south. The Kirants made good trade relation among India, Tibet, China, and Sri Lanka. According to Kautilya's Arthashastra, Nepal exported wool, woolen goods, blankets, wood, musk,gold, etc to India. They also developed the cottage industry.
The Lichchhavis had a great growth in the field of trade. They introduced coins and changed the barter system into monetary economy. Mandev had introduced the first coin of Nepal and named Mananka. The state fixed separate land or pasture.
Though people reared cow, buffaloes, pigs, etc. more priority was given to sheep and yak, because they had a great demand. For external trade, people went in groups. Such groups were called Sartha and their leader was called Sarthwaha. The state had established the security post to protect the traders.
Sometimes the Lichchhavi king made people get theexcuse from some taxes. King Amshuverma's inscription of Tistung says, 'Excepts for the goods which are not allowed to export without the permission of the government like iron, fly-flapper, wool, musk etc. are exempted in other goods to the Tistungdwellers'.
Although there were a lot of good rules in economic sectors but nowadays due to the poor and ineffective management in the economy resulted in the decline of the economic system of a country. In ancient times, agriculture was the main occupation but nowadays people also involve in other economic activities too. However, the economic condition of ancient times was far better than the present.
There are three types of taxes which are imposed on agriculture, cattle-rearing and trade which was called Trikar. Similarly, Kirants used to raise many others taxes as well and the tax office was called Kuther Adda.
The main exporting goods of Nepal during the ancient period are wool, woolen goods (radi, bakkhu), blankets, wood, musk, gold, hides, skins and herbs like chiraito, etc to India. Woolen blankets had a great demand in the market of Pataliputra.
Kautilyas's Arthasashtra had told about the export materials that the Nepal used to export various countries such as wool, woolen goods, blankets, wood, musk, gold, hides, skins and the herbs like chiraito, etc.
_____ developed the cottage industry.
Which of the following country was the common route for trade between the North and South?
What is known as the leader of Sartha?
_____ changed the barter system to monetary system.
Who introduced the first coin of Nepal?