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6000 BCE
Appearance of agriculture
Agriculture was first discovered, a way to produce the goods. -
3000 BCE
Exchange
The first forms of trade occurred in the hand-to-hand exchange of goods, what we didn´t need we exchanged for something else. -
100 BCE
The Silk Road
It was a series of trade routes organized specifically for trade with silk (luxurious material of the time), covering almost the entire continent of Asia, connecting Mongolia with China, the Indian subcontinent, Africa, Europe, Syria, Turkey, Arabia and Persia. In this, caravans traded with products from the East and the West traveled, also functioned as a bridge through which ideologies, knowledge and even diseases were transmitted. -
1200
Capitalism
It appears a new economic system in which individuals and companies carry out the production and exchange of goods and services through transactions involving prices and free markets. -
1300
International exchange
The exchange of goods began to expand not only in the same territory but also internationally, initially occurred in Rome, Greece, Egypt and Asia. -
1400
Currency Appears
Due to the various commercial transactions and to facilitate the exchange, the currency emerged by the Romans. -
1500
Transatlantic Trade
The development of European countries with access to the Atlantic Ocean, opened new commercial opportunities, leading to a new balance of power between the nobility, merchants and the crown. The growth was higher in countries with access to the Atlantic Ocean: Great Britain, France, Netherlands, Portugal and Spain, these countries were engaged in trade with the New World and acquired colonies abroad. This trade favored groups of merchants and businessmen weakening the power of the monarchs. -
1500
Commercial Routes
Transcontinental trade routes begin to appear mainly between Europe and Asia. Trading routes expanded to distant parts of Asia and Europe and the Roman Empire managed an extensive network of trade, which bound together Europe, western Asia, and Northern Africa. -
Technological advance
There are a number of technological advances such as the compass, weapons, astronomical instruments and one of the most important the invention of the first clock that revolutionized world trade, because it could work under different conditions, it helps on that time to have a localization, this clock made the international trade much more feasible for anyone to do. -
Industrial Revolution
It was a great advance and contribution to trade, infrastructure and production systems were transformed in each country, for example
thanks to the Industrial Revolution, Europe grew faster than China generating large income per capita gaps. -
Innovation in transport
At the beggining it were used animals like horse to transport the merchandise, then with the invetion of the wheel everything changes and it becomes easier to transport goods, suddenly it start the creation of different ways of thansport such as the boat, but with the Industrial Revolution, a series of innovations in transport were carried out that revitalized commerce. Now the goods could be manufactured anywhere and transported in a very cheap way to all points of consumption. -
Commercial Revolution
In the early 2000s, a second revolution focused on individual companies and international transactions took place.
There was a growth in trade in intermediate products and in international vertical specialization -
Globalization
The economic, technological, social and cultural process that consists in the growing communication between the different countries of the world, uniting their markets, social and cultural, appears through a series of transformations that give them a global character.
Here also take place the internet, it facilitates absolutely everything.
