Global trade in the context of "Age of Sail"

⭐ In the context of the Age of Sail, global trade is considered to have been most significantly characterized by…

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⭐ Core Definition: Global trade

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services.

In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, salt roads), its economic, social, and political importance has been on the rise in recent centuries.

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👉 Global trade in the context of Age of Sail

The Age of Sail is a period in European history that lasted at the latest from the mid-16th (or mid-15th) to the mid-19th centuries, in which the dominance of sailing ships in global trade and warfare culminated, particularly marked by the introduction of naval artillery, and ultimately reached its highest extent at the advent of steam power. Enabled by the advances of the related age of navigation, it is identified as a distinctive element of the early modern period and the Age of Discovery.

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Global trade in the context of Columbian exchange

The Columbian exchange, also known as the Columbian interchange, was the widespread transfer of plants, animals, and diseases between the New World (the Americas) in the Western Hemisphere, and the Old World (Afro-Eurasia) in the Eastern Hemisphere, from the late 15th century on. It is named after the explorer Christopher Columbus and is related to the European colonization and global trade following his 1492 voyage. Some of the exchanges were deliberate while others were unintended. Communicable diseases of Old World origin resulted in an 80 to 95 percent reduction in the Indigenous population of the Americas from the 15th century onwards, and their near extinction in the Caribbean.

The cultures of both hemispheres were significantly impacted by the migration of people, both free and enslaved, from the Old World to the New. European colonists and African slaves replaced Indigenous populations across the Americas, to varying degrees. The number of Africans taken to the New World was far greater than the number of Europeans moving there in the first three centuries after Columbus.

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Global trade in the context of Ship

A ship is a large watercraft designed for travel across the surface of a body of water, carrying cargo or passengers, or in support of specialized tasks such as warfare, oceanography and fishing. Ships are generally distinguished from boats, based on size, shape, load capacity and purpose. Ships have supported exploration, trade, warfare, migration, colonization, and science. Ship transport is responsible for the largest portion of world commerce.

The word ship has meant, depending on era and context, either simply a large vessel or specifically a full-rigged ship with three or more masts, each of which is square rigged.

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