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World Trade Routes Europe Silk Road Persian Gulf Mediterranean Red Sea

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Presentation on theme: "World Trade Routes Europe Silk Road Persian Gulf Mediterranean Red Sea"— Presentation transcript:

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2 World Trade Routes Europe Silk Road Persian Gulf Mediterranean Red Sea
Trans-Saharan Indian Ocean I, II, III

3 Paper money – Song China
Revitalized Silk Road Expanded military presence to the west Introduction of “Flying Money” (credit), deposit shops (banks), paper money, and guilds Construction of Grand Canal Industrial revolution Paper money – Song China

4 The Silk Road

5 Salt slabs to be traded for gold
Establishment of Trans-Saharan trade route (gold-salt) Spread of Islam into sub-Saharan Africa Rise of Timbuktu and Jenne as trade cities Use of Niger River Salt slabs to be traded for gold

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7 Market in medieval Paris
Early medieval period Most trade local Lack of coins Political instability – invasions by Vikings, Muslims, Magyars Market in medieval Paris

8 Medieval European Farmers
Middle Ages Agricultural advances = population growth = rise of towns = rise of trade and merchant / artisan classes Regional fairs Medieval European Farmers

9 Development of capital and banks
Development of Guilds Development of capital and banks Rise of Flanders European Guilds

10 Rise of Hanseatic League
Trade union of Northern European city-states (over 100 cities joined) Fight off pirates, other states, create trade monopoly Resulted in large middle-class Set precedent for large trade operations later used by Dutch and English

11 European Trade

12 Hanseatic League

13 Location astride major trade routes
State regulated silk trade (silkworms stolen from China) Trade concessions to foreigners Trade competition with Venice and other Italian city-states Constantinople

14 Aztecs Incas Long-distance trade under special group
Tribute redistribution inhibited development of true markets Incas Little to no long-distance trade Tribute and self-sufficiency inhibited development of markets

15 Included Swahili coast (East Africa), Red Sea, Persian Gulf, India, Southeast Asia, and East Asia (China) Dependence on monsoon winds Spice trade Use of “circuits” or “zones” – rules of transport Role of Arabs (Islam) and Portuguese

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18 Byzantines – location, location, location
Dominance of Italian city-states (Venice and Genoa) Muslims Impact of crusades Black Sea / Russia - Vikings

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