World economyThe world economy or global economy is the economy of all humans of the world, referring to the global economic system, which includes all economic activities which are conducted both within and between nations, including production, consumption, economic management, work in general, exchange of financial values and trade of goods and services. In some contexts, the two terms are distinct "international" or "global economy" being measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements.
TradeTrade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning.
Maritime transportMaritime transport (or ocean transport) or more generally waterborne transport, is the transport of people (passengers) or goods (cargo) via waterways. Freight transport by sea has been widely used throughout recorded history. The advent of aviation has diminished the importance of sea travel for passengers, though it is still popular for short trips and pleasure cruises. Transport by water is cheaper than transport by air or ground, but significantly slower for longer distances.
TurkeyTurkey (Türkiye, ˈtyɾcije), officially the Republic of Türkiye (Türkiye Cumhuriyeti ˈtyɾcije dʒumˈhuːɾijeti), is a country located mainly on the Anatolian Peninsula in West Asia, with a small portion on the Balkan Peninsula in Southeast Europe. It borders the Black Sea to the north; Georgia to the northeast; Armenia, Azerbaijan, and Iran to the east; Iraq to the southeast; Syria and the Mediterranean Sea to the south; the Aegean Sea to the west; and Greece and Bulgaria to the northwest. Cyprus is off the south coast.
ShipbuildingShipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Shipbuilding and ship repairs, both commercial and military, are referred to as "naval engineering". The construction of boats is a similar activity called boat building. The dismantling of ships is called ship breaking.
Amber RoadThe Amber Road was an ancient trade route for the transfer of amber from coastal areas of the North Sea and the Baltic Sea to the Mediterranean Sea. Prehistoric trade routes between Northern and Southern Europe were defined by the amber trade. As an important commodity, sometimes dubbed "the gold of the north", amber was transported from the North Sea and Baltic Sea coasts overland by way of the Vistula and Dnieper rivers to Italy, Greece, the Black Sea, Syria and Egypt over a period of thousands of years.
Modern eraThe modern era is the period of human history that succeeds the Middle Ages (which ended around 1500 AD) up to the present. This terminology is a historical periodization that is applied primarily to European and Western history. The modern era can be further divided as follows: The early modern period lasted from c. AD 1500 to 1800 and resulted in wide-ranging intellectual, political and economic change.
Roman commerceRoman commerce was a major sector of the Roman economy during the later generations of the Republic and throughout most of the imperial period. Fashions and trends in historiography and in popular culture have tended to neglect the economic basis of the empire in favor of the lingua franca of Latin and the exploits of the Roman legions. The language and the legions were supported by trade and were part of its backbone. The Romans were businessmen, and the longevity of their empire was caused by their commercial trade.
Manila galleonThe Manila galleon (Galeón de Manila; Galyon ng Maynila), originally known as La Nao de China, and Galeón de Acapulco, refers to the Spanish trading ships that linked the Spanish Crown's Viceroyalty of New Spain, based in Mexico City, with its Asian territories, collectively known as the Spanish East Indies, across the Pacific Ocean. The ships made one or two round-trip voyages per year between the ports of Acapulco and Manila from the late 16th to early 19th century.
RadhaniteThe Radhanites or Radanites (רדהנים; ar-Raðaniyya) were early medieval Jewish merchants, active in the trade between Christendom and the Muslim world during roughly the 8th to the 10th centuries. Many trade routes previously established under the Roman Empire continued to function during that period, largely through their efforts. Their trade network covered much of Europe, North Africa, the Middle East, Central Asia, and parts of India and China.
