History 2501E Lecture : trade and empire.docx
22 Apr 2012
School
Department
Course
Professor
Document Summary
Regional specialization: what is traded depends on location. Enforced: all payments must be done in coin (e. g. payment of taxes) Dyes remain in hands of natives (important globally) Chain of supply established, larger merchants get bulk supplies (have storage), smaller businesses buy from them. Limitations placed on who colonies trade with, crown wants colonies to produce raw materials. Character is very important because everybody knows everybody. Each area produced something different (e. g. wheat, maize, etc) Different areas trade with each other, some become specialized. Silver= form of payment, drawing groups together. Produced in americas and traded with europe. Difficulty in trade routes- not an easy task. Jalapa root,quina, indigo (dye), cocao, tobacco, tea etc. Immigrants, send large amounts of money back home. Allows locals to have a say in the government. Trade routes close to the sea and highly restricted. Part goes south, part goes to the gulf of mexico.
