Initially, the economy of the place, of which Goa was part, relied basically in activities such as agricultural and fishing. In course of time, when trading activity states to take predominance, on account of contacts which were initiated with Arab and Asian countries, some of its inhabitants explored the economic fortunes beyond their agricultural and allied activities. Those who had acquired certain skills required for rudimentary industrial activity were able to establish themselves in the rudimentary industrial pursuits and, later on expanded their scope to improved manufacturing practices. This change in the pattern of economic activity, coupled with progress made in traditional education system, promoted the prosperity of industrial and trade activities, along with agricultural and allied activities. With the beginning of Portuguese rule in the 16^th century, the economic progress continued on the same lines without much improvement and innovation. Until year 1947, economic activity of Goa was mainly agro-based and relied on trading and small industries. After political consolidation, the subsequent governments realized that Goa can be used to attract special culture and environment; steps have been taken to promote tourism in Goa.

KEYWORDS: economy, environment, employment, Tourism, global economy