Abstract

The structure of indigenous trade in Central Africa makes it necessary to distinguish between three different types of trade. There is first the local trade from village to village within a given population. The goods exchanged are generally specialized products from local industry, and the exchange comes about because some villages possess supplies of raw materials which are not available to others, e.g. pottery clay, or because they are inhabited by specialists such as smiths or woodcarvers who are not available in others. This type of trade is conducted in local markets, and generally speaking, currency of some sort is in use. It is still alive today, and one can assume that it is very old, since such a system shows little dynamism. The necessities remain the same; the organization is simple and efficient.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.