Page 22 - All About History - Issue 33-15
P. 22

Trade



        Hall of Fame


        TRADINGTRAILBLAZERS








        From the dawn of mankind, humanity has been concerned with improving its

        lot, with trade and commerce being its means for this. From setting up trade
        routes to making the internet profitable, here are ten pivotal pioneers



                                                JOHN MAYNARD KEYNES                    ELON MUSK
                                                                                       SOUTH AFRICAN 1971-PRESENT
                                                BRITISH 1883-1946                      Although he is responsible for a great many
                                                                      Widely recognised   business ventures going beyond trade and
                                                                      as one of the    commerce – such as Space Exploration
                                                                      most influential   Technologies Corp, responsible for resupplying the
                                                                      economists of    International Space Station – his relevance here
                                                                      the 20th century,   is because of his invention of the PayPal online
                                                                      Keynes – alongside   payment system in 1999 (originally known as
                                                                      his American     X.com, renamed PayPal in 2001). Ultimately, after
                              Zhang Qian is best                      counterpart Harry   being purchased by eBay for $1.5 billion, it would
                              remembered for                          Dexter White –   go on to become the standard for online payment
        ZHANG QIAN           mapping the Silk Road                    played a pivotal   around the world.  Musk is responsible for
                                                                      role in establishing
        CHINESE 200 BCE – 114 BCE                    It was under Keynes’   the Bretton Woods            setting up the PayPal
                                                                                                          payment system
        A diplomat and official during the time of China’s   guidance that the Bretton   system in 1946.
        Han dynasty, Qian was largely responsible for   Woods system was   This was put
                                                        implemented
        mapping the routes of the Silk Road, a huge trade             into place as a
        network that connected the country with India,   reaction to World War II in an attempt to avoid
        Africa and parts of Europe. Having been sent   any more depressions like the ones that had
        out in 138 BCE by Emperor Wudi to map central   played a role in the lead up to the conflict. In the
        Asia, he achieved his mission despite being   Bretton Woods Conference of 1944, the outcome
        imprisoned for ten years. In the years following   included the establishment of the International
        this, he documented much information on India   Bank For Reconstruction And Development
        – as well as doing so second hand with places like   (which offers loans to developing countries) and
        Uzbekistan and Afghanistan – all of which greatly   the International Monetary Fund (IMF).
        contributed to China’s future prosperity.
                                               JOHN CABOT
           Cabot was the first
           European to explore                 ITALIAN 1450-99/1500
           North America since
              the Vikings                      Also known as Giovanni Caboto, Cabot’s
                                               explorationofNorthAmericahasledtohimbeing
                                               recognised as the first European to do so since the
                                               Vikings hundreds of years earlier. Having reached
                                               Newfoundland in 1497, he
                                               subsequently mapped the
                                               island and large parts   Musk has
                                               of the continent’s      declared his
                                               coast. His discovery
                                               paved the way      admiration for British
                                               for many more     PM Margaret Thatcher,
                                               to follow his lead
                                               and set up various   describing her as
                                               trade routes, as well  “tough but sensible
                                               as establishing the       and fair”
                                               viabilityofsettling
                                               in America.

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