section_path: Economy
section_name: Economy
paragraph_text: Economy
  
  The economy in the Indian Subcontinent during the Mughal era performed just as it did in ancient times, though now it would face the stress of extensive regional tensions. The Mughal economy was large and prosperous. India was producing 24.5% of the world's manufacturing output up until 1750. India's economy has been described as a form of proto-industrialization, like that of 18th-century Western Europe prior to the Industrial Revolution.
  
  Modern historians and researchers generally agreed that The Mughal empire economic policy character is resembling Laissez-faire system in dealing with tradings and bullions, to achieve the economic ends.
  
  The Mughals were responsible for building an extensive road system, creating a uniform currency, and the unification of the country. The empire had an extensive road network, which was vital to the economic infrastructure, built by a public works department set up by the Mughals which designed, constructed and maintained roads linking towns and cities across the empire, making trade easier to conduct.
  
  The main base of the empire's collective wealth was agricultural taxes, instituted by the third Mughal emperor, Akbar. These taxes, which amounted to well over half the output of a peasant cultivator, were paid in the well-regulated silver currency, and caused peasants and artisans to enter larger markets. In circa 1595, Modern historians estimated the state's annual revenues of Mughal empire were around 99,000,000 Rupee.