Mongols

Introduction

Between 1200 AD to present, there have been many changes in the world economy. The most important change is how integrated the world economy has become. When countries have a demand for something the first question is where is that supply going to come from. In the end, the way that all nations and places were able to meet their demands was by going internationally and getting it that way. The whole world found a way by sea and land to get the items that they needed and, in the process, connected the whole world through trade.

First Question

The first types of societies were agricultural and pastoral. Pastoral societies has less productive economies because they were nomadic and needed large grazing areas and supported smaller populations. They usually organized themselves by family and common ancestry (Strayer 334). The main pastoral group was the Mongols as they conquered from the Pacific coast of Asia to Eastern Europe (Strayer 342). Part of their large success was their vast network of trade. In the thirteenth and fourteenth centuries, a large and interconnect trading system was put in place. (Marks 33) The Mongols did not so much participate in the trade as they did tax it. They provided a secure route for merchants to take the long journey across Central Asia between Europe and China (Strayer 354). This trade route relied on mostly on middlemen, as it was a series of circuits that were all connected. An item can make it from Asia to Europe and cross through many hands with the price increasing each time.

This trade gave way to the Indian Ocean Trade as well as the Silk Roads in the fifteenth century. The Silk Roads connected China, Siberia, Central Asia, India, The Middle East, and The Mediterranean B...

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...ations. The French and the English created slave-based sugar plantations on the Caribbean Islands (Marks 83). The slaves also became a central part of the economies in colonial America as it kept plantation agriculture going (Class Notes 12/6/10).

The Mongols were the first pastoral group to basically become an empire. Then when China and Europe started to build themselves back up and start voyaging out into the sea, Trade became a worldwide idea. China started to use silver as their currency, which meant that they needed the bulk of the world’s silver in Asia. The rest of the world benefited from trading their silver into Asia. Silver was the first thing that really connected the whole world and specifically incorporated the Americas into their trading network. Then there was the fur and slave trade, which further brought together the world economy as a whole.