Prince Joao time in Bahia was renowned for his innovation in currency and introduction of tax system, tariff manifestation in economic policies.
Step-by-step explanation:
Prince Joao after returning from Portugal took an new initiative in forming economic policies in Bahia in Brazil. He firstly introduced currency in Brazil and brought tax system in public forum from where King can earn profit to run his dynasty smoothly. Tariff and trade in water transport also benefited the countries Brazil, Portugal and other European countries.
In Brazil the inter linage in between different countries of European continent was so prevalent. That the imposed tax and tariffs provide the better infrastructural and innovative position to the settlers of Bahia.