APWH Annotated Timeline: Economics

  • 500

    Heavy Plow Developments in Europed

    Heavy plows in Europe allowed for easier and more efficient agricultural developments. In the wake of invasions from Germanic tribes and others, agriculture weakened so innovations like this strengenthed te economy.
  • Period: 500 to Oct 5, 1000

    Economics on Society: Post-Classical Era CCOT Thesis

    From 500 to 1000, the world in the post-classical era faced changes as maritime trade developed, overland trade expanded, and internal trade networkds throughout each empire adapted to technological advancements.
  • Oct 5, 605

    The Grand Canal

    Finished in the Sui Dynasty, the Grand Canal was a series of aritificial waterways that ran its route throughout China, facilitating trade north and south. Spanning 2000 kilometer in length, the canal allowed for not only internal trade but also remains useful even today.
  • Oct 5, 623

    Equal-Field System

    In the Tang Dynasty, China implemented a new system to maintain economic equality and stability based of needs. This eventually diffused into Korea and other parts of eastern Asia.
  • Oct 5, 632

    Kaba established as Hajj destination

    With the Hajj stabilized and established, trade in the area boomed. As people migrated here annually, they drove supply and demand up, effectively contributing to not only diffusion and cultural expansion but also inter-global trade.
  • Oct 5, 650

    Byzantine Empire Theme System

    Under a regional system of rule, the economy flourished under the Theme system as it was a source of stability and efficient net gain. With the fall of this form and the freeing of peasants lead to the economy's decline
  • Oct 5, 661

    Islamic Endorsement of Silk Roads

    As the Islamic Empire has always been supportive of a merchantile life-style, overland trade networks played a significant part. The Islamic Empire had camels, caravans, and nomadic groups tio further supplement trade.
  • Oct 5, 750

    Maritime Trade in Southern India

    Maritime trade in South India booms after political and social developments allowed for increase trade globally and internally. South India became self-sufficient through internal trade while monsoon patterns allowed for consistnent international trade.
  • Silk Road Re-instated

    During the Tang Empire, the Silk Road re-opened, leading to overland trade from Africa, Europe, the Mediteraean Basin, Middle East, China, and India. While the route periodically fell into Tibet, it mainly remained under control in China. This road lead to not only further developments in trade, economy, and also culture and trade.
  • Feudalism

    In the Middle Ages of Europe where nobility held land and power, with an empasis on loyalty and oath. This system endorsed knights as well. Feudalism allowed for the land to be worked, allowing for efficient functioning and increased net gain.
  • Invention of the Magnetic Compass

    Wiht the invention of the magnetic compass in China, maritime trade became a low more consistent, leaving a tangible mark. As the post-classical era moves increasingly towards trade through water, developments liekthis and the lateen sail, these developments were important.