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Hint: The movement of commodities or services from one person or entity to another, usually in return for money, is known as trade. A market is a structure or network that allows for commerce, according to economists. The Gift economy was an early type of commerce in which commodities and services were exchanged without an express commitment for immediate or future benefits.
Complete answer:
From the 2nd century BCE until the 18th century, the Silk Road was and remains a network of trade routes connecting East and West, and it was crucial to economic, cultural, political, and religious exchanges between these countries. The Silk Road connects East Asia and Southeast Asia with South Asia, Persia, the Arabian Peninsula, East Africa, and Southern Europe via land and maritime routes.
The Silk Road commerce aided the development of China, Korea, Japan, the Indian subcontinent, Iran, Europe, the Horn of Africa, and Arabian civilizations by establishing long-distance political and commercial ties between them. Though silk was China's primary export, many other items and ideas were traded, including religions (particularly Buddhism), syncretic ideologies, sciences, and technology like as paper and gunpowder.
Silk Road, also called Silk Route, ancient trade route, linking China with the West, that carried goods and ideas between the two great civilizations of Rome and China. Silk went westward, and wools, gold, and silver went east. China also received Nestorian Christianity and Buddhism (from India) via the Silk Road
As a result, in addition to commercial commerce, the Silk Road served as a conduit for cultural exchange among the civilizations that crossed its path. Diseases, including plague, spread over the Silk Road as well. Today, commerce takes place on both the land and sea branches of the Silk Road. The term "New Silk Road" refers to a number of initiatives aimed at expanding transportation infrastructure along ancient trading routes.
Hence the correct answer is option ‘C’.
Note: A network of historic commercial routes connecting Asia, Europe, and Africa is known as the silk route. From the 2nd century BC, the silk route, which stretches over 6,500 kilometres, was primarily used to deliver Chinese silk to Europe via Central Asia. Although it was used to trade in a variety of goods ranging from salt to gold, the most important was silk.
Complete answer:
From the 2nd century BCE until the 18th century, the Silk Road was and remains a network of trade routes connecting East and West, and it was crucial to economic, cultural, political, and religious exchanges between these countries. The Silk Road connects East Asia and Southeast Asia with South Asia, Persia, the Arabian Peninsula, East Africa, and Southern Europe via land and maritime routes.
The Silk Road commerce aided the development of China, Korea, Japan, the Indian subcontinent, Iran, Europe, the Horn of Africa, and Arabian civilizations by establishing long-distance political and commercial ties between them. Though silk was China's primary export, many other items and ideas were traded, including religions (particularly Buddhism), syncretic ideologies, sciences, and technology like as paper and gunpowder.
Silk Road, also called Silk Route, ancient trade route, linking China with the West, that carried goods and ideas between the two great civilizations of Rome and China. Silk went westward, and wools, gold, and silver went east. China also received Nestorian Christianity and Buddhism (from India) via the Silk Road
As a result, in addition to commercial commerce, the Silk Road served as a conduit for cultural exchange among the civilizations that crossed its path. Diseases, including plague, spread over the Silk Road as well. Today, commerce takes place on both the land and sea branches of the Silk Road. The term "New Silk Road" refers to a number of initiatives aimed at expanding transportation infrastructure along ancient trading routes.
Hence the correct answer is option ‘C’.
Note: A network of historic commercial routes connecting Asia, Europe, and Africa is known as the silk route. From the 2nd century BC, the silk route, which stretches over 6,500 kilometres, was primarily used to deliver Chinese silk to Europe via Central Asia. Although it was used to trade in a variety of goods ranging from salt to gold, the most important was silk.
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