How had bernier described a complex …
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Yogita Ingle 5 years, 4 months ago
Bernier felt that artisans had no incentive to improve the quality of their manufactures, since profits were appropriated by the state. Manufactures were, consequently everywhere in decline. At the same time, he conceded that vast quantities of the world's precious metals flowed into India, as manufactures were exported in exchange for gold and silver. He also noticed the existence of a prosperous merchant community, engaged in long-distance exchange.
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