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Q: Which Spice in Europe called black gold?
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How did the spice trade affect Europe?

bcoz on that time spice notably black pepper is considered as trading gold (i.e) Europeans never used to have it in their places . so its a costly comodity according to them they came to know that India is exporting hat spices from African empires . so gama is one of notable efficient sailor of Portuguese . who founded the route with the help of Arab merchant for calicut


What was an effect of Europeans finding new lands?

spice gold


Which product did Portuguese explorers bring back from Africa to Europe?

Gold


What did china trade with Europe?

== Silk== Ivory== Jade== Glass==incenses== Spices (Black Pepper, Curry)== cloths== oils (not vegetable oil)== weapons== Gold== Nuts== Food== Dyes== Flowers== Salt== Onions== Incense== Pepper== Furs== Horses== Tea==camels==oils


Did Spanish gold and silver from the Americas fuel inflation and economic growth in Europe?

Shoot! I entered pretty much this very question on Google to look for an article on it. My wold view is "Spanish gold and silver ransacked from the Americas did cause prices to rise in Europe with no real growth". My understanding is that it ultimately ruined the Spanish economy. The reason is that gold is otherwise a useless metal that when America's share got dumped on Europe, it created a monetary shock that ruined gold's value as money temporarily. Temporarily, Spain got to do nothing productive for a living, sort of speak, while the rest of Europe got duped into serving Spain for free/stolen American gold. Gold is money only in its property of fairly keeping track of economic credits given that no one is able to counterfeit it or find it easily without escaping productive work. Anyways, I'm looking for the authoritive answer because I'm tired of people deifying gold as money -- the real wealth is in the capital which money is a representation of. Shoot! I entered pretty much this very question on Google to look for an article on it. My wold view is "Spanish gold and silver ransacked from the Americas did cause prices to rise in Europe with no real growth". My understanding is that it ultimately ruined the Spanish economy. The reason is that gold is otherwise a useless metal that when America's share got dumped on Europe, it created a monetary shock that ruined gold's value as money temporarily. Temporarily, Spain got to do nothing productive for a living, sort of speak, while the rest of Europe got duped into serving Spain for free/stolen American gold. Gold is money only in its property of fairly keeping track of economic credits given that no one is able to counterfeit it or find it easily without escaping productive work. Anyways, I'm looking for the authoritive answer because I'm tired of people deifying gold as money -- the real wealth is in the capital which money is a representation of.

Related questions

Which is the spice referred as black gold by the europeans?

Pepper is the spice referred to as "black gold" by Europeans. It was highly valued and sought after for centuries due to its pungent flavor and preservative properties, leading to its high cost and esteemed status.


What items from Europe were traded for silk on the silk road?

gold, spice etc.


What was called black gold in the 1900s?

Oil was called black gold in the early 1900'2


Which is called the black gold coal or petroleum?

Petroleum is often referred to as "black gold" because of its economic value and significance as a highly sought-after natural resource. Coal is not typically referred to as black gold.


What was called black gold in the early 1900's?

Oil was called black gold in the early 1900'2


Why is coal coal called black gold?

Coal is sometimes called "black gold" because, like gold, it is a valuable natural resource that has been historically prized for its energy-producing properties. It has played a crucial role in powering industrialization and development worldwide.


Does spice gold show up on drug tests?

Spice Gold? Use the correct terms please.


What natural resource is called black gold?

Oil is often referred to as "black gold" due to its economic value and significance as a valuable natural resource that is essential for powering modern industries, transportation, and other sectors of the global economy.


What kind of fish is gold with black stripe?

it is called a black fish with a gold stripe(:


How did black gold get that name?

The term "black gold" is a nickname for oil because of its high value and economic importance. The dark color and immense wealth generated by the oil industry led to the comparison with the precious metal gold.


What is team gold on Club Penguin?

Team Gold is the Team Gold army of club penguin, created by Spice Ice116 also known as Saint Spice.


What did explorers explore?

gold and spice