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In the seventeenth century international trade was mostly based on trading luxury items between trading nations. Ivory, tobacco, indigo, furs and tortoiseshell are examples of the these luxury products.

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Which European country dominated international commerce in the early seventeenth century?

In the early seventeenth century, the Netherlands dominated international commerce, primarily due to its advanced maritime trade networks and powerful Dutch East India Company. The Dutch were at the forefront of global trade, establishing colonies and trade routes that facilitated the exchange of goods such as spices, textiles, and sugar. Their innovative financial systems, including the use of stock exchanges, further bolstered their economic power, allowing them to outpace other European nations in trade.


Which European country dominated international commerce in the early seven-teeth century?

In the early seventeenth century, the Netherlands emerged as the dominant force in international commerce. The Dutch East India Company, established in 1602, played a crucial role in expanding trade networks and establishing colonial territories in Asia. The country's innovative financial practices, including the establishment of stock exchanges and advanced banking systems, further bolstered its economic power and influence in global trade. This period marked the height of the Dutch Golden Age, characterized by significant advancements in commerce, art, and science.


What effects did the sudden growth in slave trade in the seventeenth century have on conditions in Europe and in Africa?

The sudden growth of the slave trade in the seventeenth century greatly impacted both Europe and Africa. In Europe, it fueled economic expansion, particularly in maritime nations like Portugal, Spain, and England, as profits from the trade contributed to the rise of capitalism and colonial ventures. Meanwhile, in Africa, the trade exacerbated social and political instability, leading to increased warfare and the disruption of communities as local leaders engaged in the capture and sale of enslaved individuals. This also contributed to demographic changes and long-term socio-economic challenges within African societies.


At the beginning of the seventeenth century approximately half a million people lived in countries that bordered what body of water?

At the beginning of the seventeenth century, approximately half a million people lived in countries that bordered the Mediterranean Sea. This region was significant for trade, cultural exchange, and the rise of various civilizations. Key countries included those in Southern Europe, North Africa, and parts of the Middle East, which contributed to the diverse societies around the Mediterranean.


When the beginning of the seventeenth century approximately half a million people lived in countries that bordered which body of water?

At the beginning of the seventeenth century, approximately half a million people lived in countries that bordered the Mediterranean Sea. This body of water was significant for trade, cultural exchange, and the interaction of various civilizations, including those in Southern Europe, North Africa, and parts of the Middle East. The Mediterranean played a crucial role in the economic and social dynamics of the region during this period.

Related Questions

Which European country dominated international commerce in the early seventeenth century?

In the early seventeenth century, the Netherlands dominated international commerce, primarily due to its advanced maritime trade networks and powerful Dutch East India Company. The Dutch were at the forefront of global trade, establishing colonies and trade routes that facilitated the exchange of goods such as spices, textiles, and sugar. Their innovative financial systems, including the use of stock exchanges, further bolstered their economic power, allowing them to outpace other European nations in trade.


What effects did the sudden growth of slave trade in the seventeenth century have on conditions in Europe and in the Africa What had African culture been like before the seventeenth century?

The sudden growth of the slave trade in the seventeenth century had negative effects on Africa, as it led to the disruption of societies, loss of labor force, and increased violence. In Europe, it fueled economic growth and contributed to the development of colonial powers. Before the seventeenth century, African culture was diverse and rich, with vibrant trade networks, complex social structures, and varied artistic expressions.


What commodity drove the African slave trade in Brazil and the West Indies in the seventeenth century?

sugar


What helped to increase the slave trade in Africa during the seventh century?

The major growth in the Atlantic slave trade in the seventeenth century was to be driven by the expansion of New World exports to Europe.


Who were the main traders in the Baltic Sea region in the seventeenth century?

from the 13th Century to the 17th Century the Hanseatic League dominated trade in this area. They were a mercantile league of German towns


Why has the seventeenth century been called the golden age of the Dutch Republic?

The Golden Age was a period in Dutch history,17th century,where trade,science, and art were among the most acclaimed in the world.


What are differences between international trade and internal trade?

Internal trade mean within ones country. International trade mean All over the world. There are much to gain by moving international with ones products as the market will be a lot greater. Regards.


Which country was not a main rival of the British in the seventeenth century?

In the seventeenth century, Spain, France, and the Dutch Republic were significant rivals of the British due to their colonial ambitions and trade competition. However, a country like Sweden was not considered a main rival during this time. While Sweden had its own interests in the Baltic region, it did not pose a major challenge to British dominance in global trade and colonial expansion.


What prohibits trade or products made from threatened or endangered species?

CITES - the Convention on International Trade in Endangered Species.


What are the differences between internal trade and international trade?

Internal trade mean within ones country. International trade mean All over the world. There are much to gain by moving international with ones products as the market will be a lot greater. Regards.


What economic theory from the seventeenth century has as its core idea that a country must gain wealth by increasing exports taxing imports regulating production and trade and exploiting colonies?

rebirth


How did the colonists particpate in international and imperial trade?

The colonists participated in International and Imperial trade by bringing cotton, cotton products and glass to trade with other countries for items that were needed in their homes. Later, the colonists introduced International entities to chocolate and tobacco.