Trade and Economic Development and it's Global Impact

By Tricia85
  • 2600 BCE

    India

    India
    The Indian Ocean Trade routes actually started early then grew into an important trade route. Many countries trade through these routes.
  • 862

    Russia

    Russia
    The environment prevented many materials from being traded in Russia. But the most important ones such as fur and raw materials were all that was needed to keep the trade alive.
  • 1368

    China

    China
    During the Ming Dynasty the expansion of the European trade started taking action. China began placing taxes on items and the peasants had to trade for higher currency to pay the taxes.
  • 1453

    Europe

    Europe
    Different routes were beginning to develop for easier and faster access to spices. India was one of the main countries Europe went to for spices.
  • 1497

    Portugal

    Portugal
    Portugal was a large competitor in the trading game. Their military made them intimidating to other countries and stay ahead of those in the global trade.
  • 1501

    West Africa

    West Africa
    West Africa was one popular places for traders to buy slaves. These slaves more than likely experienced hard labor for majority of their lives.
  • 1524

    Germany

    Germany
    Peasants fought for different traditions to take place. Most citizens wanted to just upgrade the traditions instead of strictly sticking to the old.
  • 1526

    Mughal Empire

    Mughal Empire
    The Mughal empire began placing taxes on items. This caused problems for the lower class citizens, who were low on income.
  • 1574

    England

    England
    Many citizens struggled with the laws of serfdom. This started many quarrels among the people and the government.

  • Japan

    Japan
    Under the rule of Tokugawa Japan didn't have much outside influence. This time period didn't benefit Japan in the global trade.

  • Britain

    Britain
    Taxes were becoming a big deal among the countries. Lower class citizen started to struggle because of the taxes placed on items.

  • France

    France
    The French Revolution impacted the social and trading status of the citizens. The increase in prices made the citizens struggle more with living.

  • Haiti

    Haiti
    Social class struggles was a constant battle among many countries. The Haitian slaves fought for their rights and freedom.

  • Latin America

    Latin America
    Brazil fought for their independence. The different social classes of citizen between actually Spain born or Spanish-American born sparked a quarrel.

  • United States

    United States
    Majority of the citizens didn't have jobs during this period. The stock market a big trade exchange crashed which was a large blow to the lower class citizens, who were already struggling.