Spice trade: Difference between revisions

From A+ Club Lesson Planner & Study Guide
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** the Portuguese King Manuel I was known as the "Grocer King"
** the Portuguese King Manuel I was known as the "Grocer King"
*** "grocer" etymology:  
*** "grocer" etymology:  
**** c. 15th century dervied from "gross" or bulk
**** c. 15th century derived from "gross" or bulk
***  >> to find Manuel letter to european kings bragging about the discovery
***  >> to find Manuel letter to European kings bragging about the discovery
**** Source: [https://www.merriam-webster.com/words-at-play/grocery-store-word-origin#:~:text=The%20history%20of%20grocery%20begins,having%20the%20same%20meaning%2C%20groser Marriam-Webster].
Sources: [https://www.merriam-webster.com/words-at-play/grocery-store-word-origin#:~:text=The%20history%20of%20grocery%20begins,having%20the%20same%20meaning%2C%20groser Marriam-Webster].
** [https://en.wikipedia.org/wiki/Portuguese_discovery_of_the_sea_route_to_India Portuguese Discovery of the Sea Route to India (wikipedia)]
** [https://en.wikipedia.org/wiki/Casa_da_%C3%8Dndia Casa de India (Portuguese state corporation for spice trade (wikipedia)]
* Sources:  
* Sources:  
** [https://en.wikipedia.org/wiki/Portuguese_discovery_of_the_sea_route_to_India Portuguese Discovery of the Sea Route to India (wikipedia)]
 
** [https://dynamicdoingness.com/the-spice-trade/ The Spice Trade]
** [https://dynamicdoingness.com/the-spice-trade/ The Spice Trade]
** [https://asia.nikkei.com/NAR/Articles/A-history-lesson-in-trade-from-the-Spice-Islands A history lesson in trade from the Spice Islands]
** [https://asia.nikkei.com/NAR/Articles/A-history-lesson-in-trade-from-the-Spice-Islands A history lesson in trade from the Spice Islands]

Revision as of 22:10, 12 January 2021

Spice Trade

>> to add Social Studies format

Spice Origins[edit | edit source]

  • Arabian peninsula
    • myrrh and frankincense
      • oils derived for medicinal and aromatic purposes that were highly valued
    • sugar << get dates when was
  • China
    • silk
    • black tea
  • India
    • pepper
      • see [pepper] for more
    • sugar
    • cotton
  • Spice Islands
    • ginger, pepper, cloves, saffron, cinnamon, cardomom
    • nutmeg
      • see Nutmeg
      • Banda islands were the sole sources of nutmeg
      • nutmeg is traditionally used in Europe as a spice for vegetables, eggnog, mulled cider and in meat stews
      • In India and Indonesia nutmeg is traditionally used in soups and deserts

Trade Commodities[edit | edit source]

  • Gems
    • highly valuable
    • standard value across regions (portable)
  • See also [Money] << to do

Price of Spices in Europe[edit | edit source]

  • 15th century (1400s)
    • pepper sold in Venice (to northern European markets) at 27 times or 2700% of cost in India
    • nutmeg sold in London or Paris at 600 times, or 6,000% the original cost in the Banda Islands, one of the spice island groups
  • The Portuguese broke into the Indian market by circumnavigating Africa and sailing to India
    • the Portuguese secured trade concessions in Calika << to confirm sp
    • they then forcibly seized control of trade with Malaka (in modern Malaysia) a major spice-trade center
    • this allowed them to by-pass Indian markets and purchase spices at their origins at much lower prices
      • the Portuguese and Indian relationship was both trade- and war-based
        • < to source
      • the Italian monopoly on the pepper market collapsed from Portuguese competition
      • by 1588 profits from pepper trade accounted for half of Portuguese government revenue
    • the Portuguese King Manuel I was known as the "Grocer King"
      • "grocer" etymology:
        • c. 15th century derived from "gross" or bulk
      • >> to find Manuel letter to European kings bragging about the discovery

Sources: Marriam-Webster.