Encyclopedia of Early Modern History Online

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(8,080 words)

1. Background

Trade denotes the frequent, systematic transfer of property rights or ownership (Property) of goods, as a rule by the use of money (Money economy). Trade can involve the institution of a market but does not have to. Before 1850, the European and extra-European economies were predominantly subsistence economies – that is, the production of agricultural and industrial goo…

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Denzel, Markus A. and Pfister, Ulrich, “Trade”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 01 March 2024 <http://dx.doi.org/10.1163/2352-0272_emho_COM_020597>
First published online: 2015
First print edition: 20220831

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