60 likes | 176 Views
3.1 Expansion and Intensification of Communication and Exchange Networks. Existing trade routes flourished and promoted the growth of powerful new trading cities. The Silk Roads- Pastoralists played a valuable role in the growth of the Silk Roads The Mediterranean Sea The Trans-Saharan
E N D
3.1 Expansion and Intensification of Communication and Exchange Networks
Existing trade routes flourished and promoted the growth of powerful new trading cities • The Silk Roads- Pastoralists played a valuable role in the growth of the Silk Roads • The Mediterranean Sea • The Trans-Saharan • The Indian Ocean basins
New Trading Cities • Novgorod • Timbuktu • Swahili City-States • Hangzhou • Calicut • Baghdad • Melaka • Venice • Tenochtitlan • Cahokia • Western Russia • West Africa- Mali • East Coast of Africa-Kenya • Eastern China • India • Iraq • Malaysia • Italy • Central Mexico • Northern Mexico
The growth of interregional trade in luxury goods was encouraged by innovations in technology Silk and Cotton textiles Porcelain Spices Precious metals and gems Slaves Exotic Animals
Caravan Organization • Caravanserai- a roadside inn where travelers could rest and recover from the day's journey. • Camel Saddles- further promoted trade
New forms of credit and money • Bills of exchange- repayment of debts within a market or which is legal tender within a country. • Credit • Checks • Banking Houses- method of financing long-distance transport of goods