What is Chanakya's Arthashastra considered a precursor to?
Classical economics
Modern medicine
Astronomy
Literature
Answer
Classical economics is considered a precursor to Chanakya's Arthashastra. This ancient Indian treatise, written around the 4th century BCE, is a comprehensive work on statecraft, economics, and military strategy. Arthashastra contains principles of taxation, trade, public finance, and economic policy that anticipate later developments in classical economics. It emphasizes the importance of a strong state, efficient administration, and a stable economy for the well-being of the nation.
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