The change in trade patterns was caused by the strength of the different empires along the Silk Road. It was a major way interaction occurred between Asia and
In the Byzantine Empire, trade played a very important role in their economic system. These Romans traded across the revived silk roads and the Mediterranean Sea, which made Constantinople the center of commerce and wealth. Due to their highly developed structure, the Byzantines were able to develop banks and businesses. These advanced practices were integral to the empire’s success. Their agricultural strength was another component that added to the empire’s power.
Explain the term ‘globalisation’ and the role that multinational companies play in the development of globalisation. Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services and has therefore lead to increased trade between countries. This trade encourages countries to work together and removes trade barriers such as quotas and tariffs. This increased openess allows countries to specialise in producing goods which they have a comparitve advantage in (this means they can produce goods at lower unit costs) A multinational Company is a corporation that has its facilities and other assets in at least one country other than its home country.
While the basic purpose of the Silk Road remained mostly the same, its’ goods and destinations went through many changes. The road started as a small transport route for Eurasian merchants, but later turned into an important economical and cultural necessity. Once Asian products, like spices and fabrics, were used by Europeans, they became dependent on them. This also occurred in Asia, and it began to shape both cultures. Also, due to the large amount of political changes that occurred during this expanse of time, the Silk Road also traveled through the new countries that began when the Roman Empire collapsed.
CCOT: Interactions On the Silk Road Between 200 BCE and 1450 CE, interactions on the Silk Road changed the amount of trade and altered the Silk Road, but what remained the same was the spread of ideas and inventions, religions, and disease along the Silk Road. In the span 200 BCE to 1450 CE, the interactions on the Silk Road change the amount of trade and the usage of the trade route. Around 200 BCE, the Silk Road was created for trading between Rome and China. As time progressed it began to branch out to include other countries. Near the end of this period it was expanded to include Europe.
Although the European sent a steady supply of ships to trade with China, how did the Chinese respond to Western trade? P.518 They did not like them, and banned the Portuguese. 11. How were the Portuguese, the first Europeans to arrive in East Asia, received by the Chinese? P.518 They were banished.
During the reign of William the Conqueror there were many small, also big changes but there wasn’t really a revolution in government and administration. The sheriffs weren’t really efficient so they were suspended which is to a small extent a revolution. William also started the Domesday Book. Men were send all over the country so they would visit every shire to find out what land the king had and what taxes he could get for it, also what lands the bishops and earls had and how much taxes the owed the king. The Domesday Book helped to establish control and was an improvement for the English government as William got more information about his finances.
Some developed into great cities, such as Paris, France. This increase in wealth and riches lead to the increased prosperity of the local merchants,
For this reason the Chinese government encouraged exporting of porcelain and other goods to Southeast Asia. (Upshur, 2002) The commercial guidelines from the Chinese government gave a specific list of items that were in demand from scattered Southeast Asian ports. With the boom in trade between China and Southeast Asia came a great amount of Chinese traders. These traders began to form communities in Southeast Asia and influenced new lifestyles in which the imported goods from China played an important part. (Archeology and Early Chinese Glass
Parks of game and lust herbage between the inner and outer walls were something to marvel at. From the vivid description of the beautiful and sumptuous palace, Europeans had a new outlook on the Chinese and Mongols. They were not the strange, poor, and barbaric people as some had originally thought; from what they heard from Marco Polo, Kublai Khan was richer than any other man. All in all, Marco Polo changed the European perspective on Yuan China and the Mongols. Their nomadic lifestyle, families, and wealth made them appear as respectable people.