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By Stacey Burt


The discovery of America by Europeans was another step in trading. The new flow of gold obtained Spanish of "quasi-free" way in South America, cleaned up and strengthened trading and European equity networks. European banks grew exponentially and began to emerge major European banks such as the Bank of Amsterdam, the Bank of Sweden or the Bank of England (trade stuff).

The most common currency was pure gold, although throughout history have also appeared others, such as salt or pepper. Currencies intercontinental trading facilitated greatly. Throughout the Middle Ages, began to emerge a transcontinental trading routes trying meet the high European demand for goods and goods, especially luxury. Among the most famous routes highlights the Silk Road, but there were other important as import routes pepper, salt or dyes.

Therefore, surplus crops began to be exchanged with other objects in which other communities were specialized. Typically these objects were elements for the defense of community (weapons), deposits to transport or store food surpluses (amphoras, etc.), new agricultural tools (hoes metal ...), or even later luxury items (mirrors, earrings, etc).

From the seventeenth century onwards, almost all transatlantic crossings to North America, port of arrival was New York. Soon transatlantic trading New York became the first port in North America, and consequently attracted most of goods and all future transatlantic passenger traffic. New York became the commercial capital of United States (US) and one of most important cities in world.

Non-combatant members of Order of Temple (Knights Templar) (XII-XIII) managed a complex economic structure throughout the Christian world, creating new financial techniques (notes and even the first bill of exchange) that constitute a primitive form of modern bank. Among the services offered was transporting money. The pilgrims could deposit money in an establishment and then go to another facility and remove, even between different countries, thus contributing to road safety. This was the first draft.

Barter was the way ancient civilizations began to trading. It is exchanging goods for other goods of equal value. The main drawback of this trading is that the two parties involved in business transaction had to match the need of goods offered by the other party. To solve this problem arose a series of intermediaries that stored the goods involved in commercial transactions. These intermediaries often added a too high risk inse transactions, and therefore this trading was quickly shelved when it appeared the coin

Elsewhere in Europe and the United States also were very important river transport. It began to widen and deepen many rivers to make navigable. And a little later in many regions they began to build a dense network of waterways. Finally, the appearance of car and the systematic construction of roads, prompting goods could be transported directly to exact point of consumption, is what is known as capillary distribution of goods.

Around 1400, the disruption of Mongol Empire, the growth of Ottoman Empire and the end of Byzantine Empire causes all routes of European trading with the East are blocked. The search for new routes, the rise of merchant capitalism and the desire to explore the potential of a global economy in Europe prompted the Age of Discovery.




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