Sunday, December 21, 2014

Basic Overview Of Trade Stuff

By Stacey Burt

The discovery of America by Europeans was another step in trading. The new flow of gold obtained Spanish of "quasi-free" way in South America, cleaned up and strengthened trading and European equity networks. European banks grew exponentially and began to emerge major European banks such as the Bank of Amsterdam, the Bank of Sweden or the Bank of England (trade stuff).

The most common currency was pure gold, although throughout history have also appeared others, such as salt or pepper. Currencies intercontinental trading facilitated greatly. Throughout the Middle Ages, began to emerge a transcontinental trading routes trying meet the high European demand for goods and goods, especially luxury. Among the most famous routes highlights the Silk Road, but there were other important as import routes pepper, salt or dyes.

Therefore, surplus crops began to be exchanged with other objects in which other communities were specialized. Typically these objects were elements for the defense of community (weapons), deposits to transport or store food surpluses (amphoras, etc.), new agricultural tools (hoes metal ...), or even later luxury items (mirrors, earrings, etc).

The Crusades were an important trading route created indirectly. The route was created following the movement of troops, supplies, weapons, skilled artisans, spoils of war, etc. Reactivated the economy of many European regions. This merit is partly attributed to English King Richard the Lionheart, who engage in Third Crusade achieved significant business wins for Europe, such as the restoration of Silk Road, the recovery routes pepper.

In addition, most of immigrants who came from Europe to America, arriving in New York, which this city was also the fate of all the famous and rich traveling in luxury cruises as well as poor immigrants, traveling in lower parts ofse boats. Therefore, although transatlantic crossings could be made between any part of Europe and America, it is always assumed that the destination was New York, unless the contrary is indicated.

Barter was the way ancient civilizations began to trading. It is exchanging goods for other goods of equal value. The main drawback of this trading is that the two parties involved in business transaction had to match the need of goods offered by the other party. To solve this problem arose a series of intermediaries that stored the goods involved in commercial transactions. These intermediaries often added a too high risk inse transactions, and therefore this trading was quickly shelved when it appeared the coin

Elsewhere in Europe and the United States also were very important river transport. It began to widen and deepen many rivers to make navigable. And a little later in many regions they began to build a dense network of waterways. Finally, the appearance of car and the systematic construction of roads, prompting goods could be transported directly to exact point of consumption, is what is known as capillary distribution of goods.

The use of money in commercial transactions was a breakthrough in economy. Now there was no need for the parties to transaction needed goods from the opposite side. More advanced civilizations such as the Romans, extended this concept and began to mint coins. The coins were specially designed for this matter objects. Although these early coins, unlike modern coins, had the explicit value of coin in it. That is, the coins were made of metals such as gold or silver and the amount of metal they had was the face value of coin.

About the Author:

No comments:

Post a Comment