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Social sciences

Grade 6

Trade and development

Module 11

Reasons for wealth/poverty

A. Reasons for Wealth / Poverty

1. The Influence of the Spice Trade

  • When the spices of the Far East were discovered, the Arabs were the first merchants to transport and sell these sought-after products. They traded with merchants from the wealthy Roman Empire at first, and later sold their precious goods to all who could afford them. It was regarded as a symbol of wealth to have spices on one’s table. Venice, a very prosperous Italian city with a powerful naval base, saw a gap in the market and through their participation in the Crusades forced all spice merchants to move through the Venetian ports. Later Venice controlled every aspect of the spice trade, fixed the prices and became very rich. Spices became so expensive that it was almost impossible to buy them, with the result that the other European countries decided to make an effort to find another sea route to the East, so that they could buy their own spices directly from the original merchants.
  • The Portuguese, with their excellent naval skills, took the lead and as early as 1497 they sailed around the southernmost tip of Africa on their way to the East. Wherever they found spices they simply seized them, and instantly killed any of the local inhabitants who offered any resistance.

2. Colonisation

  • Other European countries also set out on voyages of discovery with the main aim of discovering and occupying new territory. Countries such as Britain, the Netherlands and Belgium simply claimed territory for themselves without taking the indigenous population into account. The occupiers then proclaimed these occupied territories as their own “colonies”.
  • In this way the Dutch established themselves here in South Africa with the main objective of providing fresh fruit and vegetables for the passing ships. The greatest part of Africa, as well as the Americas, India, New Zealand and Australia were gradually taken over and colonised in this way.

The settlers from Europe simply appropriated (took for their own use) all the raw materials that were to be found in the colonies without compensating the indigenous people. In this way gold, diamonds, silver, timber and spices were taken to European countries from the colonies. Mozambique, a former Portuguese colony, is a very good example of what happened in that era. For 500 years, from 1505 to 1975 when Mozambique was a Portuguese colony, most of its resources were exploited by other countries.

  • When the colonies became independent during the middle of the twentieth century, the new, independent states were not properly developed at all. In general, the people were not really highly literate and skills were not properly developed. The transport infrastructure was poor or non-existent. The colonists left behind them depilated mines, instead of developed industries. No attention had been given to the training of local managers for companies, banks, schools, mines or even administration. The companies that had been founded in the colonies had enriched the European countries, but had not brought any financial gains for the indigenous people. The colonists (foreigners who had occupied the country) had seen to it that there were good schools for their own children, but they had given no attention to the education and training of the local populace.
  • Today most of the former colonies are still extremely badly off. Their economies are very poorly developed. They have been forced to build up their impoverished countries, which had been robbed of their raw materials, without the skills and the money of the colonists.

Questions & Answers

where we get a research paper on Nano chemistry....?
Maira Reply
what are the products of Nano chemistry?
Maira Reply
There are lots of products of nano chemistry... Like nano coatings.....carbon fiber.. And lots of others..
Even nanotechnology is pretty much all about chemistry... Its the chemistry on quantum or atomic level
no nanotechnology is also a part of physics and maths it requires angle formulas and some pressure regarding concepts
Preparation and Applications of Nanomaterial for Drug Delivery
Hafiz Reply
Application of nanotechnology in medicine
what is variations in raman spectra for nanomaterials
Jyoti Reply
I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
yes that's correct
I think
Nasa has use it in the 60's, copper as water purification in the moon travel.
nanocopper obvius
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
How we are making nano material?
what is a peer
What is meant by 'nano scale'?
What is STMs full form?
scanning tunneling microscope
how nano science is used for hydrophobicity
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
what is differents between GO and RGO?
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
analytical skills graphene is prepared to kill any type viruses .
Any one who tell me about Preparation and application of Nanomaterial for drug Delivery
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
The nanotechnology is as new science, to scale nanometric
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
what school?
biomolecules are e building blocks of every organics and inorganic materials.
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, Geography grade 6. OpenStax CNX. Sep 07, 2009 Download for free at http://cnx.org/content/col11000/1.1
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