ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The city was a stop along the Silk Road.
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The city paid many pirates to plunder trade ships.
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The city was located near all the major trade routes.
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The city had much of the old Roman money in its banks.
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Detailed explanation-1: -First settled in the seventh century B.C., Constantinople developed into a thriving port thanks to its prime geographic location between Europe and Asia and its natural harbor.
Detailed explanation-2: -One of the main sources of the wealth of the capital city was its location on important trade routes. At the end of the first 1000 AD, Constantinople attracted many foreign merchants like a magnet as the prosperous city of a wealthy empire.
Detailed explanation-3: -In ancient times, this peninsula was a popular travel route for merchants and traders. Because it could be accessed from two different seas as well as by land, it was a perfect location for a city. In addition, this location was easy to protect from attack.
Detailed explanation-4: -The main reasons for this choice were based on the political and military situation that called for a strong center in the eastern part of the Empire. The small city of Byzantium, between two continents and two seas, connected to both the Black Sea and the Aegean and Europe and Asia, was the obvious choice.
Detailed explanation-5: -Constantinople’s location between the Golden Horn and the Sea of Marmara reduced the land area that needed defensive walls. The city was built intentionally to rival Rome, and it was claimed that several elevations within its walls matched Rome’s ‘seven hills’.