-
barter - to trade by exchange of commodities
or goods
-
demand (supply and) -
the desire to purchase and the power to do so
-
dhow - an Arab ship of varying size with
one or two masts and a lanteen (triangular) sail, which enabled the ship
to sail forwards even when the wind blew from the side. Dhows are still
used by some Arab sailors today.
-
entrepot - A conveniently-located port
which provides the following:
-
provides safe anchorage during storms
-
is a source for good drinking water
-
has a stable political system that guarantees
security for foreigners and a navy to protect seafarers from piracy
-
offers a well-developed system of exchange of
coinage, weights, measures, and quality control for cargoes
-
low taxes
-
has comfortable accomodations for long layovers
-
has reliable workforce for loading/unloading
ships, guarding storehouses, transporting goods
-
provides ready supplies of wood for masts and
ship repair
-
has skilled pilots, guides, interpreters for
subsequent segments of the journey
An entrepot does not necessarily produce resources.
It may or may not be a manufacturing center.
-
Malabar Coast - the southwestern coast
of India where a string of ports exported black pepper to markets in the
Middle East and Europe.
-
manufactured goods - objects which have
been made, especially by machinery
-
maritime - of or pertaining to commerce
and navigation by sea or to the seagoing vessels and personnel involved.
-
monsoon - the seasonal wind of southern
Asia that blows from the southwest during the summer months, bringing heavy
rains and from the northeast during the winter.
-
natural resources - the wealth of
a country and its means of producing wealth which includes flora, fauna
and minerals.
-
profit - the financial gain resulting
from the trade of goods after all the expenses are paid.
-
scarcity - the condition where there is
not enough supply to meet demand
-
spice - comes from Latin species
and means "something of special value."
-
East Indies - refers to the all of the
islands of Indonesia
-
West Indies - refers to the islands of
the "New World" in the Caribbean Ocean; they were so-named
by Columbus who thought he was in Southeast Asia.
-
Spice Islands - Outdated term that refers
to islands in eastern Indonesia, including the Moluccas, Ternate
and Tidore.
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