hemispheric trading zones Flashcards
what allowed muslim merchants to take over the extensive road networks built int the classical era
when they took over the sasanid empire, they brought he tradings cities under control
- merve
- nishapur
- bukkhara
- sarmarkhand
camels
can carry stuff in heat
caravanserais
inns offering lodgings for caravans and merchants
–with care for their animals
what helped sea navigation
lateen sail
–astrolabe (calculate latitude)
-
ramsiht of siraf
persain merchant
- -has a huge fortune from trading ventures
- -used his wealth for pious causes
banks
- -lent money for entrepreneurs
- -broker for investment
- -money exchange
- -sakk (credit)
sakk
credit system used by banks
–a check drawn on the parent bank
how did they lower risk of failure at sea
pool their resources in group investment
–several individuals invest in several cargoes, they can share risks and absorb losses if a ship sinks or is ransacked
al andalus
the prosperity of islamic spain
governors of al andalus
umayyads that refused to recognize the abbasid dynasty