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Historical Background of Commercial Law

  • 300

    Old age

    Old age
    Initially, the exchange was for consumption, but with
    the passage of time, the trick became more complex in such a way that the
    exchange was no longer just about meeting a basic need
    of food or clothing, but it could also be done for the purpose of generating profit.
  • 500

    Middle Ages

    Middle Ages
    During the Late Middle Ages, a series of campaigns were carried out
    military organized mainly by the pope to recover from domination
    Muslim boy to the Holy Land.
    Trade in this period became a thriving activity that
    exceeded Roman law.
  • Modern age (illustration)

    Modern age (illustration)
    Commercial law underwent a transformation,
    because the idea of ​​commercial law was abandoned as rules that govern a
    social class. Commercial law was restated as a system of rules that
    regulate an activity without taking into consideration the profession of the subjects
    who do it.
    On this date, maritime trade was reinforced.
  • Contemporary age (industrial revolution)

    Contemporary age (industrial revolution)
    The Industrial Revolution involved sophistication in production and
    exchange of goods and services. In order to facilitate regulation
    of trade, the unification of private law was proposed to leave
    On the one hand, the division between civil and commercial law.
    Although private law was only adopted by some nations such as Switzerland and its Federal Code of Obligations
  • Century xx

    Century xx
    Commercial law underwent particularly profound changes during the twentieth century. During this century, capitalism and the
    munism as economic systems.
    During this period, the world experienced an ace-
    read in science and technology and a heyday in commerce, giving
    globalization as a result.
  • Globalization

    Globalization
    Globalization was born as an economic phenomenon characterized by
    the following elements: a) movement of people from one country to another, b) flu-
    jo capital from one country to another (foreign investment), and c) accelerated development
    and democratization of telecommunications. He modified the interaction between the countries giving as
    the idea of ​​the State as a member of an internal community
    in which the State participates and commits through treaties
    International
  • Period: to

    Current situation

    Currently, we can affirm that we continue to live in globalization
    but it is necessary to take into account that the last global economic crisis
    (2007) has exposed a series of deficiencies in current regulation.
    of commercial activity in such a way that they have also questioned
    to capitalism and globalization as they had been occurring