Trading Post
Definition
A trading post is a place where goods are exchanged or traded between different groups of people. In the context of European colonization, trading posts were often established in foreign territories to facilitate economic activities like fur trade.
Related terms
Fur Trade: The fur trade refers to the buying, selling, and exchange of animal furs. It was an important economic activity during the colonial period, particularly in North America.
Dutch East India Company: The Dutch East India Company was a powerful trading company established by the Dutch in the 17th century. It played a major role in establishing trading posts around the world.
New Amsterdam: New Amsterdam was originally established by the Dutch as a trading post for fur trade in 1626. It later became known as New York after it was taken over by the British.
"Trading Post" appears in:
Practice Questions (1)
In what year did the Dutch establish New Amsterdam (later New York) as a trading post for fur trade?
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Cram Mode
AP Score Calculators
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Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.