How Did Trade Increase In The Indian Ocean Basin

“No nation was ever ruined by trade.” This quote was said by Benjamin Franklin in the late 1700s. These words are so simple, and it seems like anyone could have said them. However, this quote has a bigger meaning in that throughout world history, trade has been so important to so many countries and it has led to many empires successes. It has occurred for a very long time, and it has progressed dramatically. Trade has changed a lot, but some parts of trade stayed the same over a long periods of time. In the era between 300 CE and 1450 CE, trade between Eurasia and Africa changed because the empires and kingdoms in power were replaced and their control over trade differed;

Changes and continuities in commerce in the Indian ocean region from 650 to 1750 C.E.

Although key elements of the trade between Africa and Eurasia changed during the era of 300-1450, a few factors stayed the same. In 300 C.E., trade routes were primarily between Europe and North Africa. The way that they changed by the time of 1450 was that they expanded southward and westward. By 1450, these trade routes went through West Africa, sub-Saharan Africa, and the Indian Ocean. One factor that stayed the same during this time period was that the northern coast of Africa was always involved in the trade between Africa and the rest of Eurasia.

Throughout early history, civilizations often sought to receive resources from afar to sustain their societies and keep themselves thriving, and to this end trade relations and eventually trade routes began to emerge. This aided civilizations in their discovery of foreign items that they may use to better their societies. These items traded ranged from complex technology to something as simple as nutmeg. The main trade routes that were utilized in East and South Asia were the silk road and the Indian Ocean Trade Network. In the 7th- 12th centuries, both the silk road and Indian ocean trade route had affected east and south Asia by the introduction of religions such as Buddhism changing government forms and altering the belief systems of society and changing how individuals live their daily lives, however differences were present in the impact that these routes had on daily lives, such as the Indian Ocean Trade Route giving rise to an entire new culture in Africa known as the Swahili and leading to the innovation of the sailing boat known as the Dhow, and the silk road led to the transmission of religion and resources throughout Eurasia and it led to utilization of caravans and animals as a means of trade.

Another way modernization is illustrated in India is through agriculture and industry, notwithstanding the effects it had on Indians. Industry guided India to a much stronger economy, arguably guiding them to holding a spot in the top ten economies in the world (O.I). Irrigation cultivated approximately 30 million acres, awarding the country great agricultural wealth. Along with wealth also came a disappearance of the famines in India. Collectively, the country of India as a whole benefited from this modernization as it set a higher standard of living for the population.

Higher in India and Pakistan. But they are an agrarian country. For all the South Asian countries are typical multi-structural and agrarian economy. The first Europeans were delighted with the variety of patterns, colors and quality fabrics. Muslin length of 20 m was placed in a snuffbox. Accumulated tradition in metal smelting and dressing products of iron, copper, bronze. Local products successfully withstood the foreign competition and diverged widely by country. During the colonial period, the influx of cheap factory fabrics, iron, ceramics, paper products from England led to a massive destruction (artisanal) South Asian industry. When the South Asian countries achieved independence, the industry was only in India. Other countries still had to create it. The agrarian reforms carried out in many countries contributed to the growth of agricultural production. Only in Nepal and Bhutan are still dominated by subsistence

Britain took over India after a brief struggle with France; initially to aid in its economy; mainly its textiles. The plan was to have Indians harvest raw materials to ship back to Britain. Britain would therefore have cheap raw materials sent back to them; because India was mercantilist (could only trade with the mother country) they did not have much of a choice but to sell to Britain cheaply. Britain therefore always had a steady source of raw materials Britain would turn raw materials into finished products that it would ship back to India and sell to Indians. Prices for goods were low and Indians liked that, but also Britain had a steady source of income. The most useful Indian industry for Britain was its cotton industry; Britain often used Indian cotton for clothing. India made for a cheap way to assemble (cheap labor) and an easy way to get business.

During the post-classical era, larger ships and improved commercial organization supported a dramatic sure in the volume and value of trade in the indian ocean basin

First, Europe’s relationship with India was of mutual prosperity and trade. Until the East India Company began to create a monopoly for itself in Indian trade, pushing out other European rivals, notably the French, followed it’s by conquest of the country, that phase was from 1600 to 1757 was not an unequal colonial relationship. The East India Company had a large interest in promoting the export of silks and cotton textiles from India which soon began to be noticed on British industrial

The population of the Asia region of the world contributes a massive amount of exporting goods, and global business as a whole. The sheer number of people consuming goods that must be imported to support the large population force the need for trade with other regions. The demand for resources is high and the need to develop strong trade relations with other countries is vital to the continued growth and success of Asian countries.

Throughout the sixteenth, seventeenth, and eighteenth centuries, the world witnessed a global expansion as well as a compaction of people, cultures, and ideas. The need for goods, as well as the process of mercantilism to inflate economies, was instrumental in the advancement of seafaring technologies, the need to spread religion, and the eventual globalization of the slave market. The four major regions in the world, which were the stepping stones of globalization, are Africa, Southeast Asia and the Indian Ocean, the Americas, and finally East Asia.

I have decided to start writing a journal for my journey to India. It has been hard after the downfall of Greece. After the Battle of Corinth and the takeover of my homeland, my life has changed. Rome is not that different from Greece but I am so used to the poleis and isolation, the communication here is so contrasting. With me being a part of Rome, I feel it is difficult to adjust. Now I am a 23-year-old plebeian sailor, struggling through the cities of Rome. I want to go to India to trade for valuables. I heard India has lots of spices, stones, and dyes. At least that will benefit myself. I’ve decided to try to aim for silk and other products too. I am excited to travel along the Silk Road. This network of trade routes is a great

This paper provided an overview of the cotton and cotton related trading in the first and second industrial revolution. Through the lens of cotton industry, a clear picture of the development of global trading system and globalisation can be more clearly projected. Before the first industrial revolution, the trading system in the world was not that well-developed and complicated. The East India Companies which led by different colonial powers were the main actors on the trading system at that time, and India was the major exporter of cotton goods which Britain was one of the main cotton textile importers, since India have geographical advantages, the good quality raw cotton and the advanced textile production knowledge. However,

Manufacturing industries are the leading wealth producing sectors of an economy. India has emerged as a global manufacturing center due to its cost competitiveness, favorable government policies, and skilful workforce. Furthermore, the most basic factor fostering growth in the sector is the presence of strong market locality. India is one of the fast growing economies. The Consumer trend in the country is enabling domestic players to Effloresce and also magnetize international players.

The Bengal region had a complex political organisation structure that completely changed the region in the mid to late eighteenth century. This essay will examine the Bengali culture in broad sense and then go on to discuss the political organisation of the Bengal region and study how governing of the state occurred between the assigned time period of 1750-1800. The essay will also compare the political organisation of the Qing Dynasty, the Chakri Dynasty, the Neo-Sumerian Empire, the Inca Empire and imperial China to that of the Mughal Empire that ruled the Bengal region. To conclude, the essay will explain how political organisation influenced Bengali trade and exchange internationally and within the Bengal region.