theme: movement of peple and goods: trade
task: identify two trade routes and/or trade organizations and for each
- explain one reason for the establishment of the trade route or trade organization
-discuss one positive effect or one negative effect of the trade route or trade organization on a specific nation or region.

Throughout history, trade routes and trade organizations have had enormous impacts on the area under their influence. The effects of trade have been both positive and negative. The Venetian fleets during the high Middle Ages and the European silk roads in the classical era are examples where trade impacted other aspects of society to a significant extent.
Venice’s Mediterranean Merchant fleets had a great ancient influence over the states around the Mediterranean Sea. Venice was originally founded by a group of Italian refugees after the Hans title subjected them to a ferocious dismiss. Settling among the marshy foul lands on the East coast of Italy, they were able to create a city that would control sand and the most important trade routes in the world. For centuries, the Byzantine group had controlled much of the Eastern Mediterranean until the dismissal of Constantinople in the 1200s. The Merchant fleets of Venice were created for a simple reason; to make money. The Venetian fleets traded goods and resources to and from stops in Europe, Italy, Africa, and the eastern shore of the Mediterranean Sea. They began to rise as a trading power. As a result, Venice grew very wealthy and gave Christian Europe a crucial connection to goods being traded on the Silk Route. As a result of the trade routes controlled by Venice, Europe was able to obtain silks, carpets, and ceramics in exchange for iron and wood from Central Europe. Banking and insurance became important. The middle class also began to develop.
The European Renaissance began I this region much sooner than in France or England. Cultural diffusion through contact with Arab cultures brought improved technology by including European and Arab sailing and military techniques. Venice reached its high point in the 13th and 14th centuries. Not all trade routes positively impacted the regions where they subsiided. The Silk Road was an example of this. Founded during the great days of the Han Dynasty, the Silk Road was a lifetime connecting chains with Europe. It was first created as that silk and spices from the Far East could be traded with the Europeans for gold and other resources. Trade along the silk route flourished at certain times and was limited at other times. During the period of Mongol, central trade on the silk route was strong. The Mongols extended the areas along it in the tribute collected. Although this exchange made both regions suffer, by the late Middle Ages, it brought Europe and much of the world to their knees, because not only did goods move along the road, so did disease. The traders and merchants had unwittingly agreed themselves to a certain type of bacteria.
The way the Silk Road spread disease and the way that the Venetian Fleet endured the survival of Europe are examples of how trade affected the regions where they existed in ways, which could not have been anticipated. The positive and negative effects of trade have and always will have a great impact on the course of history.

a Another war
b Education
c Prohibition
d Development

_______________ was a technique used by some investors to buy more stock than they could afford.

a Buying on margin
b Insider trading
c Extending credit
d Hoarding

“Black Tuesday” was the label given to the day in 1929 when _____________________.

a World War II was declared
b Banks closed their doors to customers
c The stock market crashed
d Hoover lost his re-election