Buddhism becomes the most popular religion in Central Asia. By 300 C.E Fa-Hsien, a Chinese Buddhist monk traveled the Silk Road to India. By 500 C.E, Buddhism reached Japan. During the 7th-8th centuries C.E, Christianity spread along the trade routes in western Asia, but was blocked from spreading any further eastward than the Byzantine Empire due to the rise of Islam. In the 7th century C.E, the religion of Islam began to dominate the area of Central Asia.
In Doc #7, Chinese merchants trade with Southeast Asia and the Indian Ocean in order to obtain the goods they need in return for what they have. The Chinese merchants have found that when they trade with the Philippines they only return with silver coins. Manila had no purpose besides in the matter of trade to obtain silver and silk. China was an attraction of silver globally for over a
Spain didn’t have the ships to transport all the silver, so merchants would transport it and resell the silver for more. China wanted a lot of silver, so other merchants would trade with China. "most of the precious metal made its way to China, where a thriving domestic economy demanded increasing quantities of silver, the basis of Chinese currency. "3 Merchants would exchange silver for gold in China, then they would trade gold for silver in Japan and would make a profit because silver was worth more in China than it was worth in Japan. Finding silver at first helped the Spanish economy because they accumulated a lot of wealth through the silver.
Another reason for trading in Indonesia was the spirit of competition. Before 1602, the Portuguese dominated trade in the region. (Mintz 49, 52) The Dutch Prince Maurice encouraged the VOC to set up trade with the Spice Islands and to drive out the Portuguese from those lands. As an added bonus, the Netherlands were able to capture many of the enemy’s fortresses and trading posts. (van Dam 4) It is clear that the Dutch mostly wanted profit and economic domination in Indonesia, and were determined to complete those goals with the use of the East India Trading Company.
5. Cross cultural trade had affected social and economic aspects of life within the Indian Ocean Basin. The use of larger vessels, ports, and different trade materials had led to a growth in trade. Materials such as silk, porcelain, spices, scents, and precious metals all were traded between groups, causing a flourish in materials. The dependence on areas for certain products caused high standard materials and exports to be
Daniel Serrato HISTORY 111 Document and Essay Question assignment 7 1. What motivated and sustained the long-distance commerce of the Silk Roads, Sea Roads, and Sand Roads? Why did the peoples of the Eastern Hemisphere develop long-distance trade more extensively than did those of the Western Hemisphere? One thing that I noticed that motivated the long-distance commerce of the Silk Roads, Sea Roads, and Sand Roads was the fact that the elites were desired luxury items from distant parts of the Eurasian network. Another contributing factor was the accumulation of wealth, especially among the merchants involved.
Merchants could also sail down many smaller rivers sho.oting off from the Yangzi. So it wasn’t hard to reach many different ports across southern China.” -Great Ancient China Project You Can Build Yourself. This quote shows the importance and quantity of the rivers in Ancient China. It also shows that Merchants could travel through them easily. This means the rivers in Ancient China was very useful for both trade, and transportation.
Some of the places that they particularly export goods to are Brazil, Japan, and the United States. Trading with other countries has been increasing since Bolivia was first associated in several of the trade agreements. Bolivia is an associate member of the Mercosur and a member of the Andean Community. Bolivian crops. Bolivia's first major crop was the potato.
1.0 INTRODUCTION 1.1 HISTORY OF ISLAMIC BUSINESS TRANSACTION IN MALAYSIA The Arabian Sea, the Bay of Bengal and the East China Sea, once used to occur international trade. Those places were dominated by Muslim traders. The Muslims managed to create a trade network connecting the coastlines of east Africa, southern Arabia, the Persian Gulf and the Malabar Coast with the islands of Indonesia and the southern coast of China. This was due to universal transaction laws based on the Shariah, and also the perfect business integrity which was in the teaching of Islamic religion. There was also a Muslim trading post in Canton as early as 8th century.