Jan 18 Early Modern Commerce Chapter 14 (1st half)

Chapter 14
In 1450-1750  economical transformation started. The Europeans in Asian countries had a big influence on the trade.  So many items were being treated such a cinnamon, nutmeg, clothes, sugar, pepper, silk, cotton, emerald, rubies, tea, slaves, alcohol, drugs, medicine and the list goes on. It was the early version of Amazon and it took months to receive goods that were offered for trade/sale.  The Portuguese was known for the "trading post empire"  back then there are no rules or enforcements. They would charge fees such as a tax up to 10 percent of what cargo was aboard.  That eventually stopped when the trading got bigger and countries such as Japan Burma India Persia resisted to pay .  As for Spain they realize they were missing out and now while to make up for lost time. When he arrived in the Philippine islands , Named after Spanish king Philip  II.   By 1600 the Philippines had a culturally diverse city, Manila which had more than 40,000 people.
 As for the East Indies Dutch and English with a big traders and buyers with Asia . The goods range from luxury items like silk and fur to goods such as coffee tea pepper textiles in bulk.
 The silver global commerce may trade crossed many waters,.  Countries/territories involved were Spain, French, Dutch, English, Portuguese, and Russia .  It was an excellent form of money and easy to exchange for goods
For became the new "Soft gold"  by 1500 the demand for beaver, rabbit, stable
, marten,  and deer were the key furs.  Europeans tried their best and trapping or hunting. The most economical way where to trade with the Indians as they were great hunters.
 The Atlantic slave trade  was crazy. The Europeans basically kidnapped hundreds and thousands of Africans yearly. they were put on cargo ships and transported all over such as South America North America and Europe

Comments

Popular posts from this blog

Sep 7

Sep 5

March 29, 20th century crisis of Europe, website reading