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325 BCE
The Silk Road
The Silk Road had trading routes connected Asia and Europe. It takes its name as the Silk Road because of China’s hand made silk from silk worms. All of the routes provided a way to trade different goods, however they also shared ideas on this road. -
476
Rise of a European middle class
As the towns and cities grew and changed, there way of living needed to and did as well. This is where the middle class was beneficial so they could make there money by trade. -
1100
Indo-Arabic number system
This number system is originally from India, but became apart of the Middle Easts way of life. The middle easterners traded with Europeans and they both used this system and we still use this system to this day. -
1300
New technology
This is the period in time where it was a learning curve. There was sails, improvement in navigational tool and gun powder was invented.this affect the whole world -
1450
The printing press
Johannes Gutenberg invented a printing press. This was so revolutionary they say that his invention has been the most important invention of the second millennium. The print press printed out books and it was more affordable allowing all sorts of people to read. -
1492
Historical globalization
This is when Christopher Columbus went on his very first voyage to America. Christopher has been labeled to be the one who started the grand exchange. -
Mercantilism
The Europeans government strictly controlled all trading. They believed that balancing there trade should indeed favour there home country which means there export cost had to be higher then there import cost. There for all the colonies were looked at as a source of cheap raw materials. -
Responses to slavery
Slaves didn't get the same opportunities as anyone else they couldn’t read or write and were in awful situations. However gradually people and the public turned on the idea of slavery. -
Industrial revolution
Supply and demand was a big thing at this time period. Also the new steam engine was built in Britain .
