Give any three economic impacts of the regional and local trade

      

Give any three economic impacts of the regional and local trade

  

Answers


Dana
Economic impacts of local trade are:
Urbanization: local trade led to the development of trading centers which grew into towns
Availability of goods and materials: communities involved in the trade were able to acquire what they did not produce and sell their surplus
Early industries: early industries were established to produce items of trade
Economic impacts of regional trade are:
Creating links: the trade provided an important link between western Sudan and North Africa. This link enabled West Africa to be known to the outside world
Urbanization: the trade stimulated the growth of small settlements which later grew into ancient towns. This towns include Timbuktu and Goa
New types of goods: new types of goods were introduced to people of West Africa. These included daggers, horses, beads, salt, guns, and swords

Dana05 answered the question on June 1, 2019 at 12:12


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