how was business and war's helped in exchange of knowledge and science in various countries
Answers
Answer:
Explanation:
Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. A system or network that allows trade is called a market.
An early form of trade, barter, saw the direct exchange of goods and services for other goods and services.[1][need quotation to verify]Barter involves trading things without the use of money.[1] Later, one bartering party started to involve precious metals, which gained symbolic as well as practical importance.[citation needed] Modern traders generally negotiate through a medium of exchange, such as money. As a result, buyingcan be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.
Trade exists due to specialization and the division of labor, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products and needs.[2] Trade exists between regions because different regions may have a comparative advantage(perceived or real) in the production of some trade-able commodity—including production of natural resources scarce or limited elsewhere, or because different regions' sizes may encourage mass production.[3] In such circumstances, trade at market pricesbetween locations can benefit both locations.
Retail trade consists of the sale of goods or merchandise from a very fixed location[4](such as a department store, boutique or kiosk), online or by mail, in small or individual lots for direct consumption or use by the purchaser.[5] Wholesale trade is defined[by whom?] as traffic in goods that are sold as merchandise to retailers, or to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services.
By increase in business and commerce new geographical and sea routes were discovered. Residents of Europe came to know about new countries and they got familiar with other country's people and their business increased. Similarly due to religious war's (Muslim and christians) people of east and west came to mutually communicate by which Europeans got knowledge of many goods of Asia. For business European countries invented many things like-Common, direction indicator machine, telescope, etc. This way business and wars helped in exchanging knowledge and science among different countries. By means of businessmen and wars knowledge of Indian mathematics reached Arab countries and from Arab countries to european cantrees