WORLD RELIGIONS

Detailed explanation-1: -An early market economy and early form of merchant capitalism developed between the 8th and 12th centuries. A vigorous monetary economy developed based on the wide circulation of a common currency (the dinar) and the integration of previously independent monetary areas.

Detailed explanation-2: -Islamic merchants dealt in a wide variety of trade goods including sugar, salt, textiles, spices, slaves, gold, and horses. The expanse of the Islamic Empire allowed merchants to trade goods all the way from China to Europe.

Detailed explanation-3: -Important effect of the Islamic expansion-helped keep alive knowledge from ancient civilizations. The moral code that Islam offered promoted the growth of trade. These trade routes spurred the entire region’s economic growth.

Detailed explanation-4: -With full Muslim control of the western half of the Silk Road by mid-8th century, any long-distance exchange had to traverse Muslim lands, giving trade a central role in the further propagation of the religion. Muslim merchants carried the message of Islam wherever they traveled.