Ala-ud-Din's theory of kingship: Ala-ud-Din maintained that the Sultan was God's representative on earth. Ala-ud-Din's theory of kingship may be explained in the words of historian, Ashraf, "The Sultan of Delhi was in theory an unlimited despot, bound by no law, subject to no material check, and guided by no will except his own." image source: upload.wikimedia.org/wikipedia/commons/3/3c/Sultan-Allahudeen-Gherzai.jpg The [...]
Meaning of Market Control: Market control implies the state interference in the supply and sale of commodities. In the open market buyers and sellers are free to enter into transactions. There is no check on the supply and sale price of the commodities. Government control in the supply and price of commodities is the minimum. There is free competition among [...]
1. Fixation of prices: Prices were fixed not only of varieties of grains, pulses, cloth, cattle and horses but also of articles like meat, fish, dry fruits, sugarcane, vegetables, betal-leaves etc.—all articles of daily use. Even prices of slaves were also fixed. A comparative study of prices would be quite interesting: (a) Prices of essential commodities Soldiers could lead a [...]