Business in Ancient Greece
Cities that were rich in these commodities became financially rich, too, satiating the appetites of other surrounding regions for jewelry, fancy robes and imported delicacies. It wasn't long after that trade networks crisscrossed the entire Eurasian continent, inextricably linking cultures for the first time in history. By the second millennium BC, former backwater island Cyprus had become a major Mediterranean player by ferrying its vast copper resources to the Near East and Egypt, regions wealthy due to their own natural resources such as papyrus and wool.
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Phoenicia, famous for its seafaring expertise, hawked its valuable cedar wood and linens dyes all over the Mediterranean. China prospered by trading jade, spices and later, silk. Britain shared its abundance of tin. In the absence of proper roads, the most efficient way to transport goods from one place to another was by sea. The first and most extensive trade networks were actually waterways like the Nile , the Tigris and the Euphrates in present-day Iraq and the Yellow River in China.
Cities grew up in the fertile basins on the borders of those rivers and then expanded by using their watery highways to import and export goods.
How Ancient Trade Changed the World | Live Science
The domestication of camels around BC helped encourage trade routes over land, called caravans, and linked India with the Mediterranean. Like an ancient version of the Wild West frontier, towns began sprouting up like never before anywhere that a pit-stop or caravan-to-ship port was necessary.
Many of the better-known satellite towns of Rome and Greece were founded this way, stretching those fabled empires further afield until their influences crossed continents. And in each of these places, foreign traders drank in port towns and shared stories and customs from back home, leaving more than just their parcels behind. Live Science.
Molony, Barbara. Boston: Pearson. The Hispanic American Historical Review. JSTOR McCusker, vol. The peak was reached in Americans had entered the spice game late in the day Even so, the Salemites had come into the pepper trade with sufficient vigor to establish what amounted to a monopoly. Similar experiments were tried in The tests were successful to the point where by the mid-nineteenth century these upstart colonies collectively rivaled Banda's exports. International Monetary Fund. The Handbook of Logistics and Distribution Management. Kogan Page: London. World Economy.
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Stearns, Peter N. Langer 24 September Houghton Mifflin Company. Rawlinson, Hugh George Asian Educational Services. Shaw, Ian The Oxford History of Ancient Egypt. Oxford University Press. Donkin, Robin A. Diane Publishing Company.
Free trade in economic theories
Easterbrook, William Thomas Canadian Economic History. University of Toronto Press. Young, Gary Keith Corn, Charles [First published ]. Kodansha America. Larsen, Curtis University of Chicago Press. Crone, Patricia Meccan Trade and the Rise of Islam. Gorgias Press LLC. Edwards, I. The Cambridge Ancient History. Cambridge University Press. Tarling, Nicholas The Cambridge History of Southeast Asia. O'Leary, De Lacy Arabia Before Muhammad. Colburn, Marta Glasse, Cyril The New Encyclopedia of Islam.
- Historical overview.
- International trade?
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