NIGERIA's NEXT GENERATION OF GROWTH - Creating a Symbiotic Global Trade Ecosystem

GLOBAL TRADE IN HISTORY: Trade refers to a worldwide pattern of exchange in which goods and services produced in one geopolitical jurisdiction are consumed in another. Archaeological evidence suggests that humans have engaged in formal models of exchange for longer than five thousand years. Informal patterns of trade based upon infrequent contact, have linked small human groups since the Palaeolithic period of history. Trade connections in the ancient world were rooted in regional tribute systems and augmented by long-distance overland and seaborne trade. The Sumerian civilisation, often considered the world’s oldest, developed an operation of a political and economic organisation predicated upon a city-state model. Cities exacted tribute payments from the surrounding rural areas in the form of food. The towns Ur, Uruk, and Lagash, traded resources and finished goods amongst each other.

OF GROWTH - Creating a Symbiotic Global Trade Ecosystem