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
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