Contracted Trade in the 18th century
score:6
Much of what you desire to know will be summed up by researching both the history of Marine Insurance, perhaps starting with the founding of Lloyd's Coffee House in about 1688; the history of the early trading companies such as
- Honourable East India Company (1600) ;
United East Indian Company (aka Dutch East India Company) (1602) - ; and
The Governor and Company of Adventurers Trading into Hudson's Bay (1670) ;
as well as the early banking arrangements established by Europe's key trading cities (eg Amsterdam in 1609, Hamburg in 1619, and Nuremberg in 1621) modelled after the Venetian Initiative already proven by Venice, Genoa and Barcelona.
Note that by the beginning of the 17th century all of Europe west of the Dvina-Dnieper line (at least) had a well established banking system offering Bill of Exchange (ie chequing) services and Foreign Exchange markets (also here) . Antwerp has a functioning Stock Exchange starting from 1531, and all those East India Companies were simply long-lived extensions of the limited liability concept that had long been used to finance risky maritime trade on a voyage-by-voyage basis. Somewhat coarsely, the financing which Antonio provides to Bassanio in Shakespeare's Merchant of Venice illustrates the mechanism.
More post
- 📝 Vigenere vs. Bellaso
- 📝 What are the top 5 bloodiest battles in terms of British casualties?
- 📝 After the USS Reuben James was sunk (1941 Oct 31) by Germany, why didn't the USA join the war?
- 📝 How did Nazi Germany justify the attempted invasion of Britain?
- 📝 Can anyone find an image of Henry Bolingbroke's Sovereygne Feather Seal?
- 📝 Before entering WW II, why was the US so against Japanese aggression in China but did nothing about Germany in Europe?
- 📝 Was Otto Carius fair in his assessment of American forces vs. Russians?
- 📝 Was the N.E.P. of Russia successful in terms of economics?
- 📝 Why were the Germans and Russians so fixated on an unlikely "separate peace" in 1945?
- 📝 During the Indian removal were native Americans fed rotten food and taken through diseased areas?
- 📝 How and why did e.g. Chechnya differ in status from entities like Armenia?
- 📝 To what degree was photography responsible for America's changing perspective of Nazi Germany?
- 📝 When did the spherical shape of the Earth become common knowledge?
- 📝 Why has Hatutu's population never returned to the island?
- 📝 Did Japan have any continental colonies before modern times?
- 📝 Under what circumstances did the Vikings leave for North America?
- 📝 Is there any evidence of arachnophobia in ancient history?
- 📝 How to find the image of a 17th century music instruments manufacture?
- 📝 In WW2, why didn't Japan invade Macau?
- 📝 Harvard Architecture: How did Harvard Mark I separate data and instruction?
- 📝 What effect did the execution of Louis XVI have on French foreign policy?
- 📝 Why were 70 foreign women brought to Userkaf?
- 📝 Why did Japan never "apologize" enough for World War 2?
- 📝 Were any Egyptian pyramids designed to be half an octahedron?
- 📝 Where did poor London women give birth in the latter half of the 19th century?
- 📝 How cheap were sailing ships in Gold Rush California?
- 📝 Was the Titanic sinking the only time in recorded maritime history that a band was playing while their ship was sinking?
- 📝 Life expectancy of monarchs and its relation to stability/peace
- 📝 Is there mutual significance in the year 1807, so far as abolition of the slave trade in Britain and the United States is concerned?
- 📝 How did steppe-nomad military tactics change in response to widespread firearms in the 18th/19th centuries?
Source: stackoverflow.com
Search Posts
Related post
- 📝 Contracted Trade in the 18th century
- 📝 How was the linen weaving trade learnt in 18th century Scotland?
- 📝 Would a common person in the 18th century have heard Mozart's music during his lifetime?
- 📝 Why do some 17th and 18th century maps depict Ottoman sanjaks north of the Danube in Wallachia?
- 📝 In the 18th c., did/would China accept gold from Europe as trade payment? Why / why not?
- 📝 Typical fortifications around major cities in the 18th century
- 📝 What exactly were the dealings of Ea-Nasir ("The Worst Businessman Of The 18th Century BC")?
- 📝 Where and how did scientists of the 18th and 19th century learn foreign languages?
- 📝 What is a "Johnsonian world of clubs and coffee houses" in the context of 18th century England?
- 📝 Was the enclosure responsible for the supply of factory workers in 18th and 19th Century England?
- 📝 What was the typical range of travel of a Pennsylvanian resident for everyday life in the late 18th early 19th Century Pennsylvania?
- 📝 Time to travel around Europe in the 18th century
- 📝 What's the difference between Country Born and Mulatto people in the 18th century New England?
- 📝 What was the average age of first marriage in 18th century Russia?
- 📝 Who was the 18th century French eccentric who proposed the Dutch colonize SW Australia?
- 📝 Was it widespread during the 17th and 18th Century for British country people to be evicted and replaced with more profitable agriculture?
- 📝 Do we have any authentic Native American flute music from the 18th century or earlier?
- 📝 What did the word "leisure" mean in late 18th Century usage?
- 📝 Sect in England in the 18th century
- 📝 Usage of "native American" in the 18th Century
- 📝 Voting enfranchis*m*nt in the USA in the 18th century
- 📝 Ports with ships in the commercial Halifax trade, late 18th Century
- 📝 Why has the 18th and not the 19th century come to be called „the age of reason“?
- 📝 Would a commissioned officer in the Royal Navy during the mid-late 18th century ever sail on a vessel other than a man-o-war, ship of the line, etc?
- 📝 Was the 18th century Russian peasant braver; or simply more afraid of Cossacks?
- 📝 Why did Europeans call Native Americans Indians in the 18th Century AD, After they had found out they were in the wrong continent?
- 📝 Why did archery not make a comeback when armor was phased out in the 18th century?
- 📝 Why could China keep most of the lands it conquered after 17th century but European powers could not?
- 📝 Why were British ships not of the same quality as French and Spanish ships until the latter part of the 18th century?
- 📝 Why were nomadic tribes (like the Mongols) from the Eurasian steppes a much reduced threat from the 15th century onwards?