-
Apr 19, 1500
West Africa
On the other side of the world, trade significantly influenced the course of history in West Africa. All the wealth made through trade was used to build larger kingdoms and empires and to protect their trade interests, these kingdoms built strong armies. Kingdoms that desired more control of the trade also developed strong armies to expand their kingdoms and protect them from their competition. -
Apr 19, 1500
Portuguese
It was during this time the Portuguese Empire began rapidly increasing the royal coffers, which in turn began providing subordinate clerical authority to the state and expanding economic activity on the periphery of their empire and initiated centralized government administration. This resulted in the birth of independent regimes and the writing of new constitutions; it also introduced the quality of the best Portuguese wines to a thirsty new world market -
Apr 19, 1500
Middle East
In the Middle East, the Ottoman Empire began opening up their own boundaries to more foreign trade, thus allowing them to become more globally integrated. During this Tanzimate Period of Mustaf Resid Pasha, several revolutionary events occurred when not only were the first telecommunication network and railroad lines established, but also travel on steam powered ferries was initiated. -
Apr 19, 1500
Africa
The discovery and expansion of the western world created a large need for workers and Africa provided a rich new source of these desperately needed workers. Unfortunately, it resulted in the creation of a steady source of slaves that were quickly put on board ships destined for Haiti, Jamaica and the Americas. This new-found source of wealth resulted in some of the countries getting their own independence -
Apr 19, 1500
Middle East
In the Middle East, the Muslims dominated the trade across the Indian Ocean with the Gujaratis bringing in spices from the Moluccas and silk from China in exchange from manufactured items such as textiles, them selling the imported products to the Egyptians and Arabs -
Apr 27, 1500
LONG-DISTANCE TRADE AND ECONOMIC DEVELOPMENT
In total, the New Imperialism of the new Americas and European governments claimed almost 50 percent of the world and it accelerated the economic development of the entire world! The Industrial Revolution was finally spinning fast and wide, and long-time traditions and isolationism began disappearing in its wake! And the world would never be the same! -
China (ERA OF ENLIGHTENMENT)
China covered a vast territory and it produced certain agricultural essential commodities such as grain, cotton and tea; however, the Chinese State did not control commercial development. -
Africa (ERA OF ENLIGHTENMENT)
The slave trade was also important for the economic development of West Africa. West African kingdoms for many years had relied on slaves to carry out heavy work and in some cases, soldiers. The Songhai Kingdom, under the rule of Askia Mohammed, used them as soldiers and they were entrusted not to overthrow their rulers. -
Portuguese (ERA OF ENLIGHTENMENT)
Since 1842, the Portuguese, interested in obtaining Akan gold, had opened a trading port at El Mina, thus establishing the first slave trade in West Africa. The Portuguese bought the slaves from the Kingdom of Benin, located near the Niger Delta in present-day Nigeria. The slave labor also made it relatively easy for the Akan tribe to shift from small scale agriculture to large scale agriculture. This shift transformed the Asante Kingdom into both a wealthy agricultural and mining -
Middle East (ERA OF ENLIGHTENMENT)
In the Middle East, the Muslims dominated the trade across the Indian Ocean with the Gujaratis bringing in spices from the Moluccas and silk from China in exchange from manufactured items such as textiles, them selling the imported products to the Egyptians and Arabs -
China (ERA OF ENLIGHTENMENT)
In the Chinese arena, long-time Governor-General of Central China Zeng Guofan began creating an increased economic trade for foreign customers by constructing large factories to build munitions, steamships and other industrial goods. -
ERA OF ENLIGHTENMENT (1750-1900)
In an Era of Enlightenment, social and economic lines rapidly began changing and industrial factories slowly became the driving force behind urbanization of certain cities and areas. This changed the very nature of work in a huge way since workers stopped producing goods and agricultural products in the same way they had for years because they now worked in factories where they either managed or worked on machines. -
Period: to
1750-1880's
In total, the New Imperialism of the new Americas and European governments claimed almost 50 percent of the world and it accelerated the economic development of the entire world! The Industrial Revolution was finally spinning fast and wide, and long-time traditions and isolationism began disappearing in its wake! And the world would never be the same! -
ENTRY INTO THE NEW WORLD (1900-PRESENT)
Since the beginning of trade and economic development of the world, the countries were all independently ran with only their own inventions and local materials used to create and make products for the last centuries. Then while adventures came to explorer and to look for needed material, then exporting their needed material and finally setting up exporting and exporting on a very small scale -
CHINA (1900-PRESENT)
Dating back to the 19th century when Zing Guafon began sending Chinese students abroad to the western world to learn the ways of the other countries, China has been steadily moving forward economically. The returning students assisted in helping China move forward in its quest for growth and to industrialize to meet the needs of its citizens, plus even begin exporting goods to foreign countries! -
PORTUGUESE
The Portuguese economy expanded slowly and actually strayed away from the European traditions at one time, but Portugal had much higher growth rates and soon increased levels of exportation to meet the needs of the Western Europe. After the Portuguese government won their independence, this was increasing the states intervention and states capital deepening, this also increase a lot of the natural available resources, which helped raised income for the declining manufacturing economy. -
AFRICA (1900-PRESENT)
The economic growth throughout the entire continent of Africa began to explode with both the exporting and importing of goods. Fortunately, the European countries had actually helped the economies of the various African countries to grow internally and externally by way of well-developed sea ports and railroads throughout all of Africa. -
MIDDLE EAST (1900-PRESENT)
The Middle East had a lot going on during the great Ottoman Empire when most of the Middle East and North Africa was navigating towards independence, and the first sovereign independent state to emerge from the Ottoman Empire was the Republic of Turkey. There was much turmoil in the new state, and there was even a war between 1915 and 1923; but the always port-sites remained open for trade which contributed to economic growth. -
INDIA (1900-PRESENT)
In India, there had been no factories prior to the 1850s since the economy was based predominantly upon agricultural products and even between the years 1850 and 1860, there had been only two factory industries, one for cotton and one for jute products. However, these two industries started the major factory output for the Indian economy which was supported by the agriculture growth which was growing very rapidly.
