1.

Name the great economists and their thoughts that influenced the western countries.

Answer»

Influence of economic thoughts in India:

  • Economic ideology can also be seen in Indian scriptures such as ‘Shantiparva’ in ‘Mahabharat’, ‘Manusmruti’, ‘Shukra-niti’ and ‘Kamandikiya’.
  • ‘Kautilya’s Arthshashtra’ stands first in Indian writings and thoughts related to economics.
  • In India, large numbers of thinkers have influenced Indian economic thoughts right from the ancient times, to the medieval times to the present day. ‘Kautilya’ i.e. Chanakya, ‘Gandhiji’ and ‘Pandit Deendayal Upadhyay’ were among those few.


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