Merchants and traders have a tendency to be educated and affluent people, so when they travelled, they brought with them knowledge, new theories, new forms of art, and new religious ideas ALONG with goods. The mathematics and medicines of the Arabian tribes, the monetary system and calligraphy of the Asians, the Arabian scrolls that documented Roman history... this was all passed on through the merchants who travelled through these areas back to Europe. Manuscripts, art work, and mathematical theories were all influential in the beginning of the Rennaisance, and were often brought to light through merchants.
Trade was foundational to the growth of cities because it
i think that the answer is that this afected the growth of trade because the people buy them stuff and raised the taxes and had the stuff very expensive
It started around the 1430s and ended in the late 1800s.West Africa was a part of a major trading network long before the Europeans.From ancient times there were trade routes across the Sahara linking the north and west of the African continent. Large cities developed along the Saharan trade routes. The trade lead to the growth of great empires in the region.
Removing a trade restriction like a tariff can stimulate economic growth by enhancing competition and lowering prices for consumers. This opens up markets for exporters, encouraging domestic industries to innovate and increase efficiency. Additionally, increased trade can lead to greater access to a variety of goods and services, fostering consumer choice and improving overall economic welfare. Ultimately, this can result in higher productivity and job creation as businesses expand to meet new demand.
Improvements in trade during the Middle Ages, such as the establishment of trade routes and the rise of merchant guilds, facilitated the exchange of goods and ideas across regions. As trade flourished, markets and fairs became central to economic activity, attracting people and fostering urbanization. This influx of merchants and artisans led to the growth of towns and cities, which became hubs of commerce and cultural exchange. Consequently, cities expanded as centers of trade, innovation, and social interaction, contributing to the overall development of medieval society.
Uneducated
When people had an extra of something, you have enough to trade for something you don't have.
Surpluses led to the growth of trade because excess goods could be exchanged or sold to acquire other goods that were scarce. This created a system of trade where different regions specialized in producing certain goods and then traded them for items they could not produce themselves. This allowed for the expansion of trade networks and facilitated economic growth.
the demand for luxury goods led to an increase in trade this made many tradesmen wealthy
Economic growth and trade are interconnected as trade can stimulate economic growth by increasing market access and promoting specialization. In turn, economic growth can lead to increased trade opportunities by creating a larger market for goods and services. This symbiotic relationship can drive overall prosperity and development in a country.
I don't know! that's why im asking you!
I don't know! that's why im asking you!
International trade enables specialization, which brings increased efficiency and greater competition.
International trade enables specialization, which brings increased efficiency and greater competition.
the Chinese Indians
Geographic factors such as the Gulf of Guinea and Lagos Lagoon have lead to urban growth. Lagos Lagoon makes a perfect harbor for trade and cultural interaction which leads to industrialization. Industrailization leads to urban development and economic growth. APEX
Geographic factors such as the Gulf of Guinea and Lagos Lagoon have lead to urban growth. Lagos Lagoon makes a perfect harbor for trade and cultural interaction which leads to industrialization. Industrailization leads to urban development and economic growth. APEX