Economy
The economy was agricultural, relying on rice and other grains as staples. Villages (grama) were grouped into dranga for administration. Lands were owned by the royal family, nobles, temples or groups of Brahmans. Trade was also very important, with many settlements positioned along trading routes. Tibet and India were both trading partners.
Read more about this topic: Licchavi (kingdom)
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)