Saturday, June 14, 2014
economic globalization now and then
i wanted to blog about world trade in our present and past and how similar it is to the past beside the fact we have cell phones. chapter 14 is about global commerce and how long distance in spices, textiles, silver, gold, beaver pelts, deer skins, slaves and sugar, salt which provides a perspective what was being traded the and the currency of gold that was used to trade for items of need. if we think of the twenty century trade or current times that no one nation is capable to produce all product which which is need for nation people to survive and how quickly were able to trade and how quickly it's done today. it's also the same in the past they trade in the past to get the goods and supply needed. after Europe dark ages, Europe and Asia practically china had lots of trade with each other. but like now and then some trade items where being denied or not trade for example the Europeans where refusing to trade porcelain dishes which ironically we call china today. and the china did the same. another example how important trade is yemian or the Arabian country made lot of coffee to drink but needed to sugar to sweetening the taste and the sugar came from the Caribbean or Brazil and vise verse the Caribbean need the coffee to drink but already had the sugar. This is one small example i'm using to show how important trade is between nation now and then. Global trade in my opinion is a very important thing and should be over controlled to continues the access of goods and services. the only down fault of trade is that alto bossiness men today out source cheaper labor to other nation for increased profit and forgetting about their own country men. this is a major that needs some control so that your own country doesn't fall behind economically for the greed of a few in control of money and power.
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