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A network of roads and trails that facilitated trade and the spread of culture and ideas across Eurasia. (Around 1200-1450)
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Cause or Effect?
Development of money economies (paper money)
Cause or Effect?
Increasing use of credit (Flying money)
Cause or Effect?
Rise of banks (bill exchange)
Cause or Effect?
Caravanserai (Provided safety & became the center of cultural exchange and diffusion)
Cause or Effect?
New Trading cities
Cause or Effect?
Increased demand
Increased production of silk and porcelain
was a direct result of the heightened demand for luxury goods along the Silk Roads, leading to expanded trade networks.
Proto-Industrialization
A process by which China began producing more goods than their own population could consume
Cultural diffusion
is the spread of cultural beliefs, practices, and innovations across different societies, often facilitated by trade routes like the Silk Roads.
New trading cities
emerged along the Silk Roads due to increased commerce, serving as vital hubs for cultural exchange and economic activity.
increased use of credit
led to expanded commerce and trust in trade, allowing merchants to conduct larger transactions without the need for physical currency.
increased demand
for goods and commodities along the Silk Roads, leading to growth in trade and the establishment of new trade routes.
rise of banks
facilitated monetary transactions and loans, supporting long-distance trade and economic expansion along the Silk Roads.
Development of money economies
refers to the transition from barter systems to a system where money is used as a medium of exchange, enhancing trade efficiency and enabling complex economic interactions along the Silk Roads.