Trade In The 16th And The 21st Century

Daily Life through Trade: Buying and Selling in World History. Santa Barbara, CA: Greenwood, 2013. Print.

If there was ever an important period historians, and people could put a finger on, this would be it. This is the important period where the world’s countries, kingdoms, and dynasties established trade routes. This is the period where countries were made and countries were destroyed because of the importance of trade and the importance of building a fundamental, religious, and economical way of life. This paper will discuss the goals and functions of trades, and traders, and a historical analysis of world trade. This paper will also get into world trade patterns, of The Americas, Sub-Saharan Africa, The Indian Ocean, The Silk routes, China and The South China Sea, Europe and The Mediterranean, and The Atlantic Exploration.

______ 1) How was the global trade network of the 15th century different from that of previous eras?

The centuries from 1400 to 1700 were monumental. They marked the first time people from all across the globe were connected socially, politically, and economically. A large contributor to this were the systems of international trade, heralded by advances in maritime technology. The Columbian Exchange, for instance, transported potatoes, corn, and silver from the New World to the Old, and it carried farm animals, vegetables, and slaves from the Old World to the New. Another example is the spice trade between Asia and Europe. This trade network is simulated in an interactive learning experience entitled “Become a Spice Trader.” The purpose of this activity is to educate the participant about the nature of international trade in a fun and engaging manner. I believe that it achieves this goal.

Throughout the 1800’s, commerce and the need for trade was at a rapidly growing pace, as it would be in the years to come, and the dawn of a new century was beginning to bloom. Being only a few decades after the Revolutionary War (the turning-stone in American history,) tensions were tight between both Britain and America. American and British businessmen and leaders of shareholders were pushing to transport and receive goods from the Pacific and Atlantic Oceans as quickly as possible. As the situation was beginning to arise into the minds of the governments, a need for an alternative route that was both a faster and more efficient approach to delivering items to foreign countries was escalating swiftly. Occurring throughout the course

During the period of 1450 to 1700, Europe flourished economically, leaving a growing population craving access to lush Asian goods. However, with the fall of Constantinople in 1453, the Ottoman Empire assumed control over the coveted trade routes, creating obstacles for European merchants who neither had goods to offer or shared a common religion with such folk. These hurdles, along with the religious zeal of Christian missionaries and curiosity of European mariners led Western Europe to look elsewhere, specifically the Atlantic, for new trade routes. Although the hypothetical “Northwest Passage” was never found, Atlantic trade, more commonly known as the Columbian Exchange, boomed. With its primary commerce in slaves, silver, and spices, this

The Trans-Atlantic Trade has diversified the economy more in the North than in the South. While Southern farmers were able to acquire more lands and so more slaves; Northern farmers had to look for other opportunities. The economic development in the eighteenth century combined with the population growth changes the way people saw themselves, but also the way people understand the authority that surrounded them. Economic growth in America also led to the development of social life with the diversification of the society. While the market economy created those with wealth and those who seemed to be permanently poor, social hierarchy became challenged by the social stratification of the society. Blackburn, Robin (1997) highlights in his article

If there was ever an important period historians, and people could put a finger on, this would be it. This is the important period where the world's countries, kingdoms, and dynasties established trade routes. This is the period where countries were made and countries were destroyed because of the importance of trade and the importance of building a fundamental, religious, and economical way of life. This paper will discuss the goals and functions of trades, and traders, and a historical analysis of world trade. This paper will also get into world trade patterns, of The Americas, Sub-Saharan Africa, The Indian Ocean, The Silk routes, China and The South China Sea, Europe and The Mediterranean, and The Atlantic Exploration.

Throughout human history exploration has had its basis in the desire to expand, or find alternate, trade systems. Without the expansion of trade and the exploration, discoveries, and innovations that were spawned by it, our world would be a very different place. Various trade systems have come and gone throughout the tale of history, however we will examine just two, very dissimilar, systems: the Atlantic trade system, arguably the most well known trade system, particularly to American school age students; and the lesser known Chinese tribute trade system. We will also take a look at how both trade systems compare to each other and why they would be ineffective in modern times.

There were many new trade goods entering the world market during the sixteenth century because of the use of ocean trade and travel not just land trading. Unlike the earlier process of trading the Columbian exchange involved trading with lands with very different climates, plant life, diseases, and animals. Although all trade during the Colombian exchange was determined by the trading posts of countries and who ruled what areas. The big two trading objects so to say during this time was the trading of slaves and the distribution of diseases and pathogens from trade.

Morillo argued in chapter 15 that “commodities always travel the network with ideas attached to them”. Commodities were traded globally between the years of 1500 and 1800. The text “Frameworks of World History” discusses in details the ideas in cultural practices that were associated with each of them. Out of all of the commodities that were traded during this time period, I would say that silver, timber and slaves had the greatest ideological and cultural impacts. A commodity is just not material; it carries far more than just material. As Morillo said, commodities come with ideas and cultural practices with them; therefore goods are received into cultural environments that change their meaning.

Since the beginning of time, mankind has always had some form of trade. It started off as bartering and trade of general goods and slowly progressed over time. Different forms of specialized trade arose over time such as the trade of salt within Africa among Trans-Saharan trade routes and the large fur-trade market in northern Missouri that flourished throughout the span of the seventeenth century. Today within the United States there is a market economy that has thrived as a successful form of free trade in which the producers and the consumers of various products determine how the market will progress. All of this has lead to the modern day business structures which are utilized by all producers in order to obtain a successful and

The sixteenth and seventeenth century was a time of rapid expansion and change for the world economy. Discoveries of new land from deep voyages that provided contact within distant countries, advancements in technology that increased the strength and productivity of civilizations, and complex trade routes that allowed area specific goods to be transferred from one side of the world to the other, are all fundamental factors that come into play when deciphering how and why the transformation and progression through the early period occurred. In the sixteenth century the Europeans established the world economy, which was based off of who was dominating the seas. This concept added an outlet for international exchanges of goods like food,

What was the triangular trade? There are many people who do not know what it is or who all this trade concerned. As one could guess the triangular trade mainly involved the trade between three different countries. There was many different things traded in the Triangular Trade. Thing could be anything from crops such as to wheat and corn to other good like sugar. Throughout this trade people even traded slaves. Another well known name for the Triangular Trade is the Slave Trade because all of the exchange of slaves from Africa.

Today’s world is shrinking. Not literally of course, but the advances in technology make it easy to span thousands of miles of land and sea, so people can immediately communicate with each other. The internet has connected the world instantly, and planes make traveling from one side of the world to the other a piece of cake compared to the long, dangerous sea voyages of the past. People move and migrate constantly, all the while exchanging ideas and goods. Trade has always played an important role in human history. Whether the swapping of an apple for an orange, or $12 million dollars for a new dam, the fluid movement of goods and services from one to another is how humans have been able to receive things they might not have had