Trade and Economic Development and it's Global Impact

  • India
    2600 BCE

    India

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

    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.
  • China
    1368

    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.
  • Europe
    1453

    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.
  • Portugal
    1497

    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.
  • West Africa
    1501

    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.
  • Germany
    1524

    Germany

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

    Mughal Empire

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

    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.