Networks of Exhcnage: Silk Road

What were caravanserais?

• A party of traveling merchants

• an oasis town--roadside settlements that provided safety and shelter

• Seaports that allowed merchants to sell their goods to departing ships

• A type of caravan that merchants used to carry goods

How did monetary exchange work on the Silk Road?

• Merchants carried large bags of money in order to purchase goods

• There was no monetary exchange between merchants because the royalty handled everything.

• Merchants carried letters of credit that could be exchange at a bank for money.

• Trade and barter system: I give you silk, you give me spices

The following was an effect of increased trade along the Silk Road

• rise of cities like Great Zimbawe

• The rise of cities from oasis like Samarkand

• rise in population in China

• lowering of population in Europe

What some specific examples of the technological causes of increased trade along the silk road?

• caravenserai, flying cash and banking houses

• lateen sails, maps, compass and astrolabe

• compass, astrolabe, maps and camel saddles

• dhow ships, maps and compass

Overland trade between Europe to Asia on the Silk Road increased with

• the revival of commercial cities, such as Samarkand, along the way.

• the discovery of gold in the Hindu Kush.

• the collapse of the Roman empire.

• the development of a new breed of camel.

During the thirteenth and fourteenth centuries, territories under Mongol control benefited from which of the following?

• Widespread adoption of Confucian family hierarchies

• Trade that facilitated the spread of Christianity throughout the Indian Ocean region

• Trade that tied several distinct regional networks together

• Widespread adoption of Buddhist religious practices

Which of the following best describes an effect of the establishment of the Mongol Empire upon Silk Road long distance trade?

• The Silk Road trade declined because the Mongol merchants preferred to use maritime long-distance trade networks instead.

• The Silk Road trade increased because the Mongol conquests helped connect more regions of Eurasia economically and commercially.

• The Silk Road trade was not affected by the Mongol conquests because the tribal and nomadic nature of Mongol society meant that Mongol demand for luxury goods was virtually nonexistent.

• The Silk Road trade collapsed following the Mongol conquests because most trading cities along the Silk Roads were destroyed and never recovered.

What significant commercial inovations occured as a response to increased trade in the Silk Road?

• Banking houses, caravanserai and flying cash

• Monsoons, the compass and increased litteracy

• the spread of Buddhism and Islam

• all of the above

What is the Chinese term for paper money?

• Coins

• Flying cash

• Bills of exchange

• Bill of sale

Junks were sea-going vessels used by the Chinese in the second century.

• True

• False