jul 1, 1497 - Vasco da Gama buys spice from a Spice Merchant
Description:
In July 1497 Vasco da Gama a Portuguese sailor buys spice from a spice merchant very close to its source making the spice much cheaper to buy. With buying the spice closer to the source Vasco was able to bring enormous profit from selling the spice at a higher price.
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