There have been many trade routes and organizations throughout history. One of these trade routes is the Silk road which is known for its Chinese silk, which was the main product. This trade route connected the world. Another trade route was the Incense Route. This route linked the early Mediterranean civilizations.
The Silk Road
Probably the most famous of all the trade routes, the Silk Road lasted for hundreds of years, outliving numerous empires, wars and plagues, only the command of the Ottoman Empire, finishing in the storming of Constantinople in 1453 effectively closed the route. The closure of the route helped activate the Portuguese into looking for an ocean route to Asia, eventually opening up a new historical age. …show more content…
The Silk Road connected China with India, the Middle East and Europe all through what is now Central Asia, which was then a small populated and dangerous region, full of tiny kingdoms rapidly rising or falling as their fortunes changed. The region also hosted bandits, warlords and nomads, which made the crossing dangerous, yet highly profitable. The road provided an exchange of valuable goods such Chinese silk to the Roman Empire, creating a fashion for silken clothing, which was frowned upon by much of the Roman elite.
The Silk Road Cont.
The Silk Road has many advantages, but also has several disadvantages. One of the advantages of the Silk Road is that it connected the world. It created a heavily used trade route that connected Central Asia, the Mediterranean, China, and Japan. This contentedness allowed for the exchange of ideas and technologies. For example, as nomadic traders went around the world, they became immune to many diseases.
The Incense Route
The Incense Route was an ancient trade route, linking early Mediterranean civilizations with incense, spices and precious stones from what it is now known as Southern Arabia. Among the products traded were frankincense, which is a milky sap derived from the Boswell tree and highly useful in perfumes. The scents were highly prized in Ancient Egypt, as they helped hide the stench of the open sewage and filth of early cities, but the trees only grew in Eastern Africa and what is now known at Yemen, making the product difficult to get. The Egyptians built cities and forts in the Arabian Peninsula to help protect the trade, which used both land routes, using camel caravans and sea routes along the Red Sea. In time other civilizations became involved in the trade, such as the Babylonians, Phoenicians and Assyrians, fighting wars and seeking out new routes in an effort to control the trade.
The Incense Route Cont. The Incense Route was one of the most important highways in the world at a time when faith in the mystic power of incense was at its height. Its traffic frankincense and myrrh, spices from India was the lifeblood of the countries through which it passed. That continuous stream saw the rise and fall of many kingdoms along the way. Earliest records mention the Egyptians sending an expedition for incense in 2800 BCE. Each kingdom, growing rich and ambitious, sought control of the forests of incense that lay to the east.
Africa
Hopefulness about Africa’s future is no longer limited.
The continent’s growth has been excellent in recent years. Yet it is just as easy to find signs of distrust in the global economy. Multilateral agencies insists that international mixture offers opportunities for speeding up economic growth. Official languages have become tame since the heyday of structural reforms in the 1990s, but they have found subtle ways to argue that trade is good.
Taxes The World Bank recently launched “defragmenting Africa,” providing a full list of policies to increase international trade within the continent. Unsurprisingly the law can be costly. Removing import taxes might make the economic efficiency better and raise consumer welfare, but the interest can fall in countries with limited public resources. Although Africa has some of the highest trade taxes in the world, in 2009, the point is that there are trade offs. The same applies to policies that entail investments in the base for “trade facilitation”
The Spice Trade Spices such as cinnamon, cassia, cardamom, ginger, pepper, and turmeric were known, and used for trade. The spice trade refers to the trade between historical civilizations in Asia, Northeast Africa and
Europe.