What is meaning of legitimate trade?

What is meaning of legitimate trade?

Legitimate trade was a commercial relation between Europeans and Africans soon after the abolition of slave trade during the 19th century. This trade was called legitimate i.e ‘legit/legal’ which means it replaced illegal ‘Illegitimate’ trade which was SLAVE TRADE. The trade based on unequal exchange.

What does trade mean in subtraction?

In subtraction, trade means to trade one number for ten of the place value to the right of it. An example of a trade in subtraction.

What are the terms used in subtraction?

The terms of subtraction are called minuend and subtrahend, the outcome is called the difference. The minuend is the first number, it is the number from which you take something and it must be the larger number. The subtrahend is the number that is subtracted and it must be the smaller number.

How was West Africa before the Portuguese affected by trade and commerce?

Using Your Notes West Africa before the Portuguese: a well- established trading network con- nected most of West Africa to the coastal ports of North Africa, and through these ports to markets in Europe and Asia; these routes were important as they helped spread Islam into West Africa.

How do you do counting and subtraction?

We will use this “counting up” method as part of a strategy for mental subtraction….Introduction

  1. Count up from the smaller number to the next ten. Remember this count.
  2. Count up from this ten to the larger number.
  3. Add this count to the first count to find the total difference.

What was the first form of trade?

BARTER System can be considered as the first form of trade. Explanation: Barter system was the earlier form of trade where good and services were exchanged with other goods and services, like giving some rice to buy a mud pot, or giving some wheat grains to buy rice grain or weapons.

What role did African kingdoms play in global trade?

African rulers largely maintained and dictated the control and supply of captives to the Atlantic slave trade. The impact of the trade was to increase individual fortunes in the short run. But through competition with each others, rulers could have their powers reduced or eliminated as well as strengthened.

What is the definition of a legitimate trade?

Legitimate trade can be defined as a legal trade which was established after abolishing slave trade. It dealt with material products like, clothes, Ivory, coconuts etc and not human beings.

Why was the slave trade a legitimate trade?

Legitimate trade was the trade which replace slave trade.It was another form exploiting africans. legitimate trade was legitimate due to the following factor; It was legally accepted,was accepted by both africans europeans It had replaced slave trade It was beneficial to both sides African chiefes participated willingly

What does it mean when something is legitimate?

Legitimate has several meanings 1. Something that is legitimate is acceptable according to the The government will not seek to disrupt the legitimate business activities of the defendant. 2.