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Economic Systems, 600-1450

  • Trade was an important part of interaction

  • Methods of intensive agriculture became more common

  • Industrial production started to rise

    • Trade Networks

      • The Silk Road flourished but had times of downfall

      • There were caravanserais throughout the Silk Road

        • caravanserais: roadside settlements providing safety and shelter

      • The Silk Road provided trade routes throughout Asia

      • Mediterranean sea lanes also provided trade

      • Trade along trans-saharan caravan routes also increased

        • Expansion of Islam

        • Increased expertise in camel herding

        • Trading of gold and Arab slave trade increased

      • Economies settled around the Indian Ocean Trade Network

    • Trade Easier: Technology, Banking, and Infrastructure

      • Astrolabe: measured the sum’s position in the sky to calculate latitude

      • Magnetic compass

      • Junks, dhows, Viking longboats, and sailing ships helped with means of transportation

      • Overland transportation was done through camel saddles

      • Commerce was encouraged through banking and credit

      • Standard weights and measures, currencies, minting coins and paper money allowed for regulating trade routes

      • Infrastructures also enabled the expansion of trade

        • Markets, trading, outposts, port cities and caravanserai were important to the movement of goods

        • Waterways and roads also connected cities

Economic Systems, 600-1450

  • Trade was an important part of interaction

  • Methods of intensive agriculture became more common

  • Industrial production started to rise

    • Trade Networks

      • The Silk Road flourished but had times of downfall

      • There were caravanserais throughout the Silk Road

        • caravanserais: roadside settlements providing safety and shelter

      • The Silk Road provided trade routes throughout Asia

      • Mediterranean sea lanes also provided trade

      • Trade along trans-saharan caravan routes also increased

        • Expansion of Islam

        • Increased expertise in camel herding

        • Trading of gold and Arab slave trade increased

      • Economies settled around the Indian Ocean Trade Network

    • Trade Easier: Technology, Banking, and Infrastructure

      • Astrolabe: measured the sum’s position in the sky to calculate latitude

      • Magnetic compass

      • Junks, dhows, Viking longboats, and sailing ships helped with means of transportation

      • Overland transportation was done through camel saddles

      • Commerce was encouraged through banking and credit

      • Standard weights and measures, currencies, minting coins and paper money allowed for regulating trade routes

      • Infrastructures also enabled the expansion of trade

        • Markets, trading, outposts, port cities and caravanserai were important to the movement of goods

        • Waterways and roads also connected cities

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