Trading post

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Trading post

A trading post is a place where the trading

Trade

Tradeis the willing exchange of goods, Service , or both. Trade is also called commerce. A mechanism that allows trade is called a market. The original form of trade was barter , the direct exchange of goods and services....
of goods

Product (business)

The noun product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce from the Latin produce, lead or bring forth....
takes place. The preferred travel route to a trading post, or between trading posts, is known as a trade route

Trade route

A trade route is a Logistics identified as a series of pathways and stoppages used for the commercial transport of cargo. Allowing Good s to reach distant markets, a single trade route contains long distance Arterial road which may further be connected to several smaller networks of commercial and non commercial transportation....
.

Trading posts were also places for people to meet and exchange the news of the world, or simply the news from their home country (many of the world's trading posts were places people loved to imigrate to) in a time when not even newspaper

Newspaper

A newspaper is a publication containing news, information and advertising, usually printed on low-cost paper called newsprint. General-interest newspapers often feature articles on Politics, crime, business, art/entertainment, society and sports....
s existed.

Trading posts in general were of great importance to the history of currency

Currency

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Encyclopedia

A trading post is a place where the trading

Trade

Product (business)

Trade route

Newspaper

Currency

A currency is a Medium of exchange, facilitating the trade of goods and/or Service s. It is coins and paper bills used as money. It is one form of money, where money is anything that serves as a medium of exchange, a store of value, and a standard of value....
. Almost right at the start of trading post history, the need occurs to have something as a payment medium. Soon trade-tokens and eventually coins

COinS

ContextObjects in Spans, commonly abbreviated COinS, is a method of embedding latent OpenURL ContextObjects in the HTML code of Web pages....
were produced from precious metals like gold

Gold

Gold is a chemical element with the symbol Au and atomic number 79. It is a highly sought-after precious metal, having been used as money, as a store of value, in jewelry, in sculpture, and for ornamentation since the beginning of recorded history....
, silver

Silver

Silver is a chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal....
, and copper

Copper

Copper is a chemical element with the symbol Cu and atomic number 29.It is a ductile metal with very high thermal and electrical conductivity....
for the use of buying and selling goods instead of simply exchanging them. After the introduction of money, the first bank

Bank

A bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. It is an institution for receiving, keeping, and lending money....
s occurred in Genoa

Genoa

Genoa is a city and an important seaport in northern Italy, the capital of the Province of Genoa and of the region of Liguria. The city has a population of about 610,000 and the urban area has a population of about 900,000....
and Venice

Venice

Venice is a city in northern Italy, the capital city of the Italian regions Veneto, a population of 271,251 . Together with Padua, Italy, the city is included in the Padua-Venice Metropolitan Area ....
almost immediately.

European colonialism

Colonialism

Colonialism is the extension of a nation's sovereignty over Territory beyond its borders by the establishment of either settler or exploitation colony in which Indigenous people populations are direct rule, Population transfers, or Genocide....
traces its roots to ancient Carthage

Carthage

Carthage refers both to an ancient city in present-day Tunisia, and a modern-day suburb of Tunis. The civilization that developed within the city's sphere of influence is referred to as Punic or Carthaginian....
. Originally a trading settlement of Phoenicia

Phoenicia

Phoenicia was an ancient civilization centered in the north of ancient Canaan, with its heartland along the coastal regions of modern day Lebanon, extending to parts of Israel, Syria and the Palestinian territories....
n colonists, Carthage grew into a vast economic and political power throughout the Mediterranean, accumulating wealth and influence through its economic (trading) prowess. Almost every city of importance of the world once started its history as a trading post: Venice

Venice

New York

The State of New York is a U.S. state in the Mid-Atlantic States and Northeastern United States regions of the United States and is the nation's List of U.S....
, Shanghai

Shanghai

Shanghai is the List of cities in the People's Republic of China by population in China and one of the List of metropolitan areas by population in the world, with over 20 million people....
, Singapore

Singapore

Singapore , officially the Republic of Singapore, is an island country microstate located at the southern tip of the Malay Peninsula. It lies 137 kilometres north of the equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands....
, Hong Kong

Hong Kong

Hong Kong , officially the Hong Kong Special Administrative Region, is a territory located in Southern China in East Asia, bordering the province of Guangdong to the north and facing the South China Sea to the east, west and south....
, Naples

Naples

Naples is a city in southern Italy, the capital of the region of Campania and of the province of Naples. The city is known for its rich history, art, culture and gastronomy, playing an important role throughout much of its existence; it is over 2,800 years old....
, Rotterdam

Rotterdam

Rotterdam ; city and municipality in the Netherlands province of South Holland, situated in the west of the Netherlands. The municipality is the List of cities in the Netherlands with over 100,000 people in the country, with a population of 584,046 on 1 January 2007 and comprises the southern part of the Randstad, the List of metropolitan are...
, etc.

The annexation

Factory (trading post)

Factory was an English term for trading posts established by Europeans and Americans to exchange goods with non-Western societies. The head of the factory was called a Factor ....
of trading posts along ancient trade routes by 16th and 17th century European powers, like the Dutch

Netherlands

The Netherlands is a country that is part of the Kingdom of the Netherlands. It is a parliamentary democratic constitutional monarchy. The Netherlands is located in North-West Europe, and bordered by the North Sea to the north and west, Belgium to the south, and Germany to the east....
and English

England

Ceuta

Ceuta is an autonomous community#autonomous cities of Spain located on the North African side of the Strait of Gibraltar, on the Mediterranean, which separates it from the Spanish mainland....
(a terminus of the trans-Saharan trade route

Trans-Saharan trade

Trans-Saharan trade is trade across the Sahara between Mediterranean countries and sub-Saharan Africa. While existing from prehistoric times, the peak of such trade extended from the eighth century until the late sixteenth century....
) by the Portuguese in 1415, who went on to establish further enclaves as they explored the coasts of Africa, Arabia, India and South East Asia in search of the source of the lucrative spice trade

Spice trade

Spice trade is a commercial activity of ancient origin which involves the merchandising of spices and herbs. Civilizations of Asia were involved in spice trade from the ancient times, and the Greco-Roman world soon followed by trading along the Incense route and the Roman trade with India....
. Trading posts were also very common in the early settlements of Canada

Canada

Canada is a country occupying most of northern North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean....
and the United States

United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
for the trade of such things as fur

Fur

Fur is a Hair of any non-human mammal, also known as the pelage. It may consist of short ground hair, long guard hair, and, in some cases, medium awn hair....
. They are also used in many camps across America as places to buy snacks, items and souvenirs.

In the United States

United States

Native Americans in the United States

Native Americans in the United States are the Indigenous peoples of the Americas from the regions of North America now encompassed by the continental United States United States, including parts of Alaska and the island state of Hawaii....
s were licensed by the federal government and called "factories". Tribes were to concede substantial territory to the United States in order to access the "factories" as happened at Fort Clark

Fort Osage

Fort Osage was part of the United States factory trading post system for the Osage Nation in the early 19th century near Sibley, Missouri.The Osage in exchange for access to the trading post above the Missouri River in 1808 in the Treaty of Fort Clark ceded all of their lands east of the fort in Louisiana Territory effectively leaving the...
in the Treaty of Fort Clark

Treaty of Fort Clark

The Treaty of Fort Clark was signed at Fort Osage on November 10, 1808 in which the Osage Nation ceded all the land east of the fort in Missouri and Arkansas north of the Arkansas River to the United States....
in which the Osage Nation

Osage Nation

The Osage Nation is a Native Americans in the United States, which is mainly based in Osage County, Oklahoma, but can be found throughout America....
conceded most of Missouri

Missouri

Missouri is a U.S. state in the Midwestern United States of the United States bordered by Iowa, Illinois, Kentucky, Tennessee, Arkansas, Oklahoma, Kansas and Nebraska....
in order to access the trading post!

A 'trading post' can also be referred to as the place where securities listed on the New York Stock Exchange are traded (bought and sold).