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Europeans traded goods for a variety of commodities, including spices, silks, precious metals, and other exotic items from Asia, Africa, and the Americas. In exchange, they offered textiles, manufactured goods, and later, enslaved people, which significantly shaped global trade networks. This exchange not only facilitated economic growth but also led to cultural exchanges and the spread of ideas across continents. Ultimately, this trade contributed to the rise of colonial empires and the interconnectedness of global markets.
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Hawley Smoot tariff of 1930-what it did and what countries did as a result?
1. it raised cost of imported goods for American consumers, making it more likely that they will purchase the cheaper American goods 2. when the Europeans responded with tariffs on American goods, trade plunged
How might europeans of that time benefit from increased trade?
the europeans will get alot more things with the increased trade
In which area of Rome did people meet and trade goods?
In which area of Rome did people meet and trade goods?
What is difference between industry trade and commerce?
industry is the place where goods are manufactured trade is the related to exchange of goods commerce is related to distribution of goods
What is a trade?
A trade involves the transfer of the ownership of goods and services
How do the aboriginals fit into the fur trade?
They fit into the fur trade by being in it! They traded fur to the Europeans for goods. They got food, goods while the Europeans got there faves...furs from beavers.
The Asian trade goods europeans most coveted were?
gems and porcelains
What was the greatest asset the europeans were to use in their conquest of the Indians?
European trade goods.
What goods did europeans send to the east to trade?
spices, foodstuffs, silk, and timber
What goods did Europeans send to the East in trade a long time ago?
spices
What trade goods did the Europeans find available in Africa?
gold, silver, ivory.
What was the greatest asset of the Europeans were to use in their conquest of the Indians?
European trade goods.
What relationships did Europeans have with the natives?
They did not get along because the Aboriginals wanted to trade their furs for European goods, but the Europeans didn't want to.
Why did the europeans come to the great lakes region to get beaver furs?
to trade the goods for furs
What did Europeans first sought in West africa?
Europeans first saw West Africa as a new territory to obtain spices and agricultural products. West Africa was also a place for Europeans to trade their own goods.
What was the role of the Canadian fur trade?
The role of the Canadian fur trade was to allow the natives to trade fur pelts for goods, with the europeans.
What goods did Europeans send to the East in trade?
spices, foodstuffs, silk, and timber
