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Positive and negative effects of trade
Positive and negative effects of trade
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Trade is the exchange of supplies with two or more people. Not only does trade bring resources that an empire cannot provide for itself and security, but it also brings different ideas, technologies, and philosophies that the empire can adopt to further strengthen itself. Furthermore, trade encourages communication and the merging of diverse cultures, therefore creating good relations with other empires. Overall, trade brings an empire more allies and less bloodshed. Because of all these additional, positive aspects of trade, trade is one of the dominant, key factors to the peaks of civilizations such as the Ghana Empire in West Africa, the Tang dynasty in East Asia, the Holy Roman Empire in Western Europe, the Gupta Empire in India, and the Abbasid Empire in the Middle East.
Ghana was the first of the three great trading empires to emerge in West Africa. It was founded as early as A.D. 750 by a group of people called the Soninke, although some scholars think that it was founded as many as five hundred years earlier. By the year 800, Ghana had become an important trading power (Koslow 25). Ghana had the gold that the many traders from North Africa and Egypt were attracted to. Because Ghana had so much gold, it had to cautiously regulate the flow of gold across its borders to make sure that gold would not become so widely obtainable that the price value would decrease. However, although Ghana had ample gold, Ghana did not have the salt that was vital for survival. Because of this, it was suitable for Ghana to become a part of the gold-salt trade.
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Whenever salt entered Ghana from the north, the king was able to collect an import tax, and whenever salt left Ghana for the south, the king collected an export tax. Whenever ...
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... gems from Central Asia ; wax and honey from Scandinavia and Russia; and ivory and gold dust from Africa. They were not as warlike and nomadic when their economy prospered, when town life grew, and when the merchant class became more powerful. Trade helped contribute to the rise of the Abbasid Empire by making Baghdad a cosmopolitan center of trade and bringing a lot of different supplies to the bazaars.
Not only does trade bring the resources that a civilization does not have, but it also brings more communication, diversity, and ideas into a civilization. It can also contribute to the rise of a civilization by creating more allies and less bloodshed. Trade is one of the key factors in leading to the rise of civilizations such as the Ghana Empire, the Tang dynasty, the Holy Roman Empire, the Gupta Empire, and the Abbasid Empire in similar and different ways.
Doc. Box 3 mentions confucianism. Rome worships Christianity in the world. Hinduism is technically Buddhism. These reasons explain that trade was never JUST physical items, but ideas and beliefs as well.
There was also a Kingdom called Mali that broke off from the Ghana Empire. At this time they had embraced the religion of Islam and had been under the great rule of Mansa Musa. This empire had the job of protecting the caravans or shipments carrying the goods, so that they can trade. They helped towards the function of trade so that both the importer and exporter gained something. In document 3 it explains how their wealth was great because of their trade. The document also talks about the fact that they had exhibited the characteristics of an advanced divination like sufficient food to feed its people, a strong army equipped with advanced weapons and income derived from taxes. Even though the Mali Empire had wealth there was very little corruption if there was with the ruler. He did not go mad with power but he was generous. In document four it states they there was no person who did not receive a sum of gold from him.
In comparison, Throughout the Romans Empire...” [their establishment traded] and became a center for the production of pottery, glassware, and bronze goods. Since the Roman land and sea trade routes encouraged trade fr...
Ghana is a country in Africa that is native to 25 million people. It is neighbored by the Ivory Coast to the West, Togo to the East and Burkina Faso to the North. It is also bordered by the Gulf of Guinea to the south. It is about the size of Oregon and it’s religions include Christianity, Islam, and other Indigenous beliefs (Bbc news, 2013). Ghana has different climates in different parts of the country. Near the coast, there are tropical forests, in the middle there is a transitional zone where it then transitions into the savannah in the north where it is dryer and only gets one rainy season versus two in the south (Encyclopedia of the nations). Their major exports are gold, cocoa, timber, and many other products. Their GDP is $40.71 billion and their monetary unit is Cedi which in relation to one U.S. dollar, it is equivalent to .37910 Cedi (Bbc news, 2013).
...nal aspect of cross cultural interactions and inter-regional trade is the vastness of which items and inventions spread. In the Song dynasty, the expansion of economy as well as agricultural production prompted the development of roads. With these roads, the people could travel easier, and further. This is the case of Doc 5, in which a Chinese vase was found in Kenya. Because this vase was found thousands of miles away from China, it can be inferred that the Chinese were able to trade very far away, even further than the Indian Ocean Basin, entering into Africa. In Doc 6, Ibn Battuta, the traveller, notices that the ships in the port of Yemen were very developed. He describes the many goods that were traded, as well as the Indians that worked at the ports. These facts added together represent the vastness of the cross cultural interactions in the post classical era.
Long distance trade came to action when rulers invested in making roads and bridges. “During the 1870s, silk was brought to the west coast of the United States via the Pacific Ocean, then rerouted to the east coast by the transcontinental railway.” Although long distance trade was effective it was risky and was liable to only pirates. Classical societies soothed a large expansion of Eurasia and North Africa. As a result, merchants did not face such great risk as in previous eras and the costs of long-distance trade dropped.
Trade was an important factor in the evolution of the ancient world to the modern age as it provided new jobs for the growing population. Because the population rapidly increased so did the need for food and water so in this case societies needed to trade more because of the increased need for food. Trading was also a way for people to make money, but also put value on items which may have led to crime and punishment. In order for societies to trade new items with different societies they would’ve needed to travel. Traveling to meet with other traders they would’ve led to
Trade is a big part in the Axum culture because they wouldn’t be able to live without the resources that they traded. Trade brought in the religion of Christianity which is another really big part of the Axum culture. To make trade happen they have to have all the resources to trade with other people to get what they need. Trade started when other people from different places had what they needed.
Ghana, whether an ancient kingdom or centrally governed nation in Western Africa, has been in the fabric of economic development and exchange in Sub-Saharan Africa for the past thousand years (Berry, 1994, p. 63). Known for its abundance of gold, the nation of Ghana, touted as “The Gold Coast” by European traders (Berry, 1994, p. 63), has felt the political and economic aftermath of the world becoming less isolated over the past six centuries by virtue of growing European power. In this essay, by examining the current state of Ghana and drawing upon historical exchanges between Europeans and Ghanaians, I intend to reveal the ramifications of both British colonialism and globalization on Ghana’s political and economic infrastructure.
...ace in this era, so naturally slaves were traded along the established trade routes. The most important aspect of the trade that was occurring along the Silk Roads was not the material goods but rather the exchange of knowledge, beliefs and cultures. The Silk Road made central Asia into a melting pot of cultures from China to the east and Europe to the west. In central Asia the art, music, fashion and architecture all show influences from different cultures. Knowledge of how to produce goods flowed across the Silk Road too. Certain goods were unique to specific regions because no one else had learned how to produce them, unlike silk that could only be produced in specific regions.
Ghana, Mali, and Songhai were similar in their roles in the gold and salt trade, gold and salt notably improved the empire’s economy. To start, gold was plentiful in Wangara while in the Sahara Desert, salt, an essential nutrient to the people, was abundant.ghf Acting as the middleman between the two parties, the empires were able to obtain great wealth by collecting taxes for all goods that entered and exited the empires. The traders of the gold-salt trade agreed to have a middleman because the empires could protect the traders and the goods that were carried using the military power they had over the area. The empires turned to their wealth from trade taxes to run the economy; when the Almoravids cut off Ghana’s trade routes in the 1000s,
Trade in the eastern hemisphere thrived because of three main reasons. these reasons were geography, there ability to move up in the caste system and their political leader Wu Zhao and all the advancements she made. Without there geography trade probably not very successful.
throughout Asia. According to Jason Neelis, trade as a vehicle for the expansion of Buddhism is
Trade was the starting event that changed medieval Western Europe for the better and greatly influenced the world today. The Crusades brought on the Reformation, leading to an array of new and intriguing products being introduced from faraway lands. Spices were
Looking at trade from an economic point of view, commerce often altered consumption and aided in shaping daily lives. The densely connected world of the modern era, linked by ties of commerce and culture around the planet, certainly has roots in much earlier patterns. For instance in the era of third-wave civilizations; the silk, sea, and sand roads of the afro-Eurasian world and looser network of the American web linked distant people both economically and culturally prompted the emergence of new states, and sustained elite privileges in many ancient civilizations. In those ways, they resembled the globalized world of modern times. (Strayer, 246).