ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The Silk Road was an ancient trade route that linked the Western world with the Middle East and Asia. It was a major conduit for trade between the Roman Empire and China and later between medieval European kingdoms and China.

Detailed explanation-2: -The Silk Road was a vast trade network connecting Eurasia and North Africa via land and sea routes. The Silk Road earned its name from Chinese silk, a highly valued commodity that merchants transported along these trade networks.

Detailed explanation-3: -The Silk Road consisted of several routes. Among the overland routes, the dominating ones where the Northern route, the Southern route and the Southwestern route.

Detailed explanation-4: -The east-west trade routes between Greece and China began to open during the first and second centuries B.C. The Roman Empire and the Kushan Empire (which ruled territory in what is now northern India) also benefitted from the commerce created by the route along the Silk Road.

Detailed explanation-5: -The Silk Road was a trade route that kickstarted trade between Asians and Europeans. Subsequent the establishment of the Silk Road came the arrival of tea, citrus fruits, spices and other pristine goods into Europe. As well as a trade path, The Silk Road was also the most effective travel route to and from China.