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State any five factors that contributed to the development of the international trade in the 19th century.

State any five factors that contributed to the development of the international trade in the 19th
century.

Answers


gideon
- East African coast had established trade links with the far east before this period
- Existence of regional trade which provided trade goods for the international trade
- The role of Seyyid in encouraging this trade through signing of treaties with the foreign traders
as well as giving them letters of introduction to the Arabs leading into the interior.
- Provision of security to the Arab and Waswahili traders by the sultan of Zanzibar as they
ventured into the interior.
- Availability of transport by sea between East African coast and the outside world.
- Availability of trade items at the coast and outside world such as gold, ivory, slaves, beads,
guns.
- Demand for goods in both East Africa and outside world
- Existence of a class of wealthy merchants who were willing to trade facilitated trade
- Relative political stability and peace along the coast encouraged trade
- Presence of deep natural harbors and attractive beaches attracted traders to the region
- Availability of finance from the Indian Banyans encouraged trade
- The use of the British as the sole trading agents reduced competition facilitating trade
- Availability of specific trade routes and markets facilitated trade e.g. Zanzibar, Kilwa, Mombasa.
gideon1 answered the question on October 4, 2017 at 13:32

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