Economy
The import of new techniques and the growth of the initial Thai state affected agricultural production. The water buffaloes were introduced as beasts of burden instead of the oxen. This method was ideally suited for wet rice farming. Rice production increased and became an economic base for the development of the community. The people were able to develop their own economic system based on rice until they gained economic and political power over all others states in this region.
Although the international trade through the Strait of Malacca had been favored since 6th century, the overland routes from the coastal towns in Southern Myanmar to the port towns of central Thailand were favored until the early Rattanakosin period. Together with the rice commerce, Sukhothai, Ayudhya and Rattanakosin became one of the trans-peninsula routes parallel with the Strait of Malacca.
Read more about this topic: Initial States Of Thailand
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)