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Europeans believed trade with the Orient would be profitable due to the high demand for luxurious goods such as silk, spices, and precious metals. These items were rare and highly valued in Europe, often fetching substantial prices. Additionally, the lucrative nature of the Silk Road and maritime routes suggested significant profit potential for merchants willing to engage in long-distance trade. The desire for wealth and the quest for new markets also fueled interest in establishing trading relationships with the East.
What else can I help you with?
How might europeans of that time benefit from increased trade?
the europeans will get alot more things with the increased trade
What was the first profitable industry for the French in Canada?
The fur trade was the first profitable industry for the French in Canada.
Why does Russia trade with European Union?
They trade because the various parties find it useful and profitable. In other words, the reason is the same as for all trade.
What was the Chinook economy?
Traditionally TRADE with other indians and with Europeans
An area of profitable fur trade with native Americans?
It may be the Ohio Valley but im not sure..
Why did Europeans engage in the slave trade?
It was profitable, and things were and are often still today very much centered around money.
Why were Europeans so determinded to get Asia after the Middle Ages?
They wanted to trade for the spices, silks, and other exotic merchandice they could find in the Orient.
Why did the Europeans think it was necessary to find new trade routes and resources?
to more stuff for the europeans
Was the slave trade so profitable because of the demand for slaves or the trade triangle?
It was profitable for everyone concerned, the Europeans had free labour working their plantations which brought about huge profits and the slave suppliers (rival African tribes and others )sold people (without a cost of production ) to Europeans in exchange for things like Rum and weapons. Everyone except for the slaves, profited from the triangle.
The crusades revived interest in trade with who?
orient
What group of the islands was most valued by Europeans?
The Caribbean islands were most valued by Europeans due to their strategic location, rich resources, and potential for profitable trade including sugar, tobacco, and spices. The Caribbean also became a key hub for the transatlantic slave trade, which further increased their importance to European powers.
Why did Magellan need a westward route?
Magellan, and other Europeans, wanted a westward route to China and the Orient because the established overland trade route to the East was being restricted by the Muslim empires that straddled it.
Profitable trade during war?
metal
What is a profitable trade during ww1?
Metal
How might Europeans of that time benefit from trade?
the europeans will get alot more things with the increased trade
Why did the slavery trade operate?
The slavery trade operated and prospered because it was profitable.
How might europeans of that time benefit from increased trade?
the europeans will get alot more things with the increased trade
