Import/Export
What country do many of our imports in Canada come from?
USA or China
When a person does a job for someone.
Services
Where did organized trade occur thousands of years ago?
Middle East
What was something they could make from clay?
pottery
First examples of organized trade. Sailed to lands bordering the PErsian Gulf to obtain ivory and other luxury items.
Sumerians
What does export mean?
goods and services that a country sells to another
direct exchange of goods
bartering
Who were the first traders in historical times?
Sumerians
Things you use at meals.
utensils
Trade declined for 100 years after the fall of the Roman Empire. Many luxuries of Asia were once again traded and brought to Europe.
Crusades
What is a common Canadian export?
timber, lumber or minerals
trade that happens between people in different countries?
international trade
What is a pig in a poke?
buying something without seeing it first?
Things to defend oneself
weapons
Travelled on foot and rode donkeys and camels. The first known trade agreements were made. Cities that specialized in trade started to spring up.
Babylonians
Name four reasons why we import?
1. Better quality
2. lower cost
3. more choice
4. can't make enough at home
manufactured consumer goods
Nomadic groups travelled continuously in search of two main things. What are they?
Food and fresh pasture for their animals
Things used for cooking
pots
A period of great exploration. Many trade routes between Europe and Africa, India and Southeast Asia were established. As sailors set out to trade, they explored unknown lands. Their search for trade routes brought them to North America.
Great Explorers
Some countries rely heavily on imports. What kind of countries are they?
Developing countries
resources that can be replaced once we have used them
renewable
Name 3 items you may find at a Sumerian and modern day market.
fruits, vegetables, spices
(use your knowledge to list any others.)
What were the most common types of tools?
Farming
Made a long trip from Europe to the Far East to trade for Chinese goods. There was a demand in Europe for spices and silks.
Marco Polo