Ghana Gold Trade Research Paper
Ghana was not always powerful an wealthy overtime they gained their wealth and power through trade. During the 5th century gold became an item that many people wanted, thats when the gold trade started. Many people would travel in search of gold in Ghana causing a wide spread of supply and demand of gold coinage. Also the reason why gold was so available in Ghana was because of a king named Ashanti. The amount of gold the Ashanti king of Ghana had allowed them to trade for years. They had so much gold in Ghana that dog collars and men shields were made out of gold. Between the 7th and 11th century salt trade occured, Mediterranean economies demanded gold and could supply salt to the SubSaharan economies, where gold was abundant. Even though local supply of salt was sufficient in sub-Saharan Africa, they wanted more salt for trade purposes. More islamic states wanted gold which put more attention on Ghana the place they called the land of gold. The salt and Gold trade put Ghana at the top of the trade chain, making it able for them to buy any and everything they want. Making them the most powerful because te more money you have the more things you can do and control. Such as trade which is a huge thing in the economy and makes the world what it is today . Imagine one place having the most of everything thats how Ghana was back then .
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While he was in court he saw gold embroidered caps,golden sandals,swords and sheilds mounted with gold , and dog collars of gold and silver.The Soninke kept the source of their gold from Muslim traders,Yet gold production and trade were important activities that mobilized hundreds of thousands of African people. Leaders of the kingdom of Ghana made wealth by keeping the core of pure metal, leaving the unworked native gold to be marketed by their
While he was in court he saw gold embroidered caps,golden sandals,swords and sheilds mounted with gold , and dog collars of gold and silver.The Soninke kept the source of their gold from Muslim traders,Yet gold production and trade were important activities that mobilized hundreds of thousands of African people. Leaders of the kingdom of Ghana made wealth by keeping the core of pure metal, leaving the unworked native gold to be marketed by their