Chapter 14

Europeans & Asian Commerce 

• Europeans wanted commercial connections with Asia 
• Europeans wanted Eastern products, mainly spices
• After the Black Death Europe built a substantial military 
• Problems from the old trade rout through the Indian Ocean Trade Network made cities become international trades

Indian Ocean Trade 

• Made the Portuguese very rich because they were in control but they did not have goods to trade therefore made no complication
• To keep control on comers the Portuguese set piracy on the sea 
• Created a trading post empire 

Spain Unpaid labor 

• 1600 Portuguese trading post was declined 
• Spain challenged the Portuguese & controlled Asias trade 
• Spain established a base in the Philippines having control from 1565-165

Silver & Global Comers 

• Silver was more important than spices in the global exchange network 
• Mid 16th century Bolivia & Japan had a great demand for for silver but both were not in a stable place at the moment
• Chines economy was huge, the demand on silver increased causing the price range to increase
• Silver was mainly used to trade for Asian spices & for African slaves
• The Spanish monarchy grew very rich

Trade 

• Trade because a world problem once again 
• Spain had no real economic . growth
• When the value of silver decreased Spain lost control in 1600 
• Chines government took advantage of silver more than Spain and put it to use
• Silver was used in Japan to unify the country --> Helped develop industry & agriculture -->  Improve Chinas economy --> Europe shared products wit Asia -->Raised the market

Fur Trade 

• 1500 Europe supply of fur was demolished 
• French, British, and Dutch had competition for the fur of North America --> led to North America Fur Trade
• Europeans mainly traded fur and skins with the Indians instead of hunting and trapping themselves 
•  Due to fur trade, animals were near extinction 
• 1760 trade was profitable to the Indians because they received many goods of real value in return
• Fur trade caused several of inter Indian warfare 
• Indians depended on Europeans for... cooking pots, iron tools, strong trade system, and gun powder
• Russians had private hunters and trappers who provided fur instead of commercial agreements 

Trans Atlantic Trade Rout 

• 11 million people were sent to America from Africa 
• Millions were killed on the voyage to America 
• Africans also sold slaves to Europeans 
• Atlantic slave trade preferred male slaves whereas the Islamic world preferred female slaves 
• Africans were mainly sources of America 
• Drove by European demand 
• The role of the African slave trade was to capture and sell slaves