Silver Trade Dbq

The flow of silver from 1500 to 1750 C.E. drastically improved the economies of Latin American nations, which in turned allowed for a global shift in currency and altered trade. Also during this time period there was also a greater desire for global expansion and imperialism, as seen when Europe expanded towards the Americas. Interconnected trade allowed for more contact between various nations, but it also supported the idea that certain nations were superior. While Latin America was the source of the economic prosperity that occurred in this time period, nations such as Europe benefited largely as well; since Spain and Portugal still had control over the areas where silver was being mined, they were able to take the rewards and distribute for their benefit. Documents 2 and 4 describe how silver has become the leading trade object in East Asia.

From 1500 to 1750 Japan was leading in the production of sliver in the world. The Ming Chinese government required that all domestic taxes and trade fees be paid in silver, starting in the early 1570s. Silver had a wide spread economic effect with the use of their money as well as the power trade holds, social effects on the people, and increase in the suffering of the people. Documents 2,4,7,8 discuss the economic changes and effects that were cause with silver. In Documents 3,5,6,1 they explore the social effects that were by sliver.

The collapse of economic stability in the US was caused by World War 1 and the flawed decisions of President Herbert Hoover. These components and others prompted and worsened the Great Depression. The Great Depression was a dark time of history (globally) a time of poverty, homelessness, mass unemployment, and deflation. During this time, President Hoover did virtually nothing to aid the people and let people suffer as he believed that the economy would fix itself. In this dark time, Franklin D. Roosevelt came into the presidency in 1933 and began trying to re-stabilize and stimulate the economy.

Wealth has formed an enormous gap in the society. As a country, the people are as separated as oil and water. “The wealthy class is becoming more wealthy; but the poorer class is becoming more dependent. Social contrasts are becoming sharper” (Doc A), to distinguish the poor from the rich has become extremely effortless.

From 1500 to 1750, silver production in the world was led by Spanish Colonial America and Tokugawa Japan. Silver trade was lead through a connection between four great continents, but there was no direct trade link between America and Asia. In that time, limits were placed on the amount of silver spent, prices increased and decreased depending on the supply of silver and silver production led to more importation and exportation of goods, as well as new ways to pay also developed due to silver production. In the 1570s, the Ming Chinese government stated that all taxes and trade fees should be paid in silver. Most silver flowed over the Pacific, out of Acapulco, to Manila, ending in China.

Have you ever wondered how trading came to be? Today I will answer this question. Type your Claim/Thesis statement in the box: Trade started in the second century BC when civilizations wanted others things, peacefully. The route originated from Chang 'an in the east and ended at the Mediterranean in the west, linking China with the Roman Empire. (A- Map)

The Silk Road was a complex network of trading routes that spanned from eastern Europe to China, that allowed many goods to travel from city to city. During the Silk Road’s main prominence from around 200 B.C.E. to 1450 C.E., many changes took place - including ones that have drastically altered societies with change in both social hierarchies and major religions. However, even with the plethora of cultural changes that took place, a few aspects of the societies of the time stayed consistent, most noticeably the desire for luxury goods by the upper class. The Silk Road resulted in many changes to the social hierarchies of the time, especially in the treatment of women and merchants. In the second-wave civilizations prior to the road’s prominence, women and merchant were viewed as much lower members of society.

Economic Effects of the Columbian Exchange  Inflation of cash-crops, slavery and silver resulting from the Columbian Exchange caused a drastic effect on the global economy.   Cash-crops forged new trade routes across continents, slavery supported New World exports, and silver caused power shifts in the world 's distribution of wealth.   As Spanish expeditions to the New World increased in size and purpose, the economic effects on the rest of the world spread with equal vigor.   The triangular trade circulated commodities between Europe, Africa, and the Americas.   From Europe some commodities were distributed throughout Asia.

It also included widespread fighting among warlords. A quote that represents how hard the Great Depression was for industrial business owners is, “but it was the time of widespread fighting among warlords, who all levied heavy taxes. This, combined with the effects of the Great Depression, made it an extremely difficult time to run a textile factory” (Chang 104). Also, prior to the establishment of the Renminbi becoming the national currency in 1935, there were many different forms of payment. For example, in the book, it is mentioned that the only way to get her brother out of prison was to raise, “1,000 pieces of silver” (Chang

The Chinese development of technological advances, allowed the era of the Tang, and the Song dynasty to bring about a social, political, and urban change. The Chinese found new techniques in Agriculture and farming rice. This allowed for more growth and spreading of population in the regions. As the population grew, people were interest in new jobs and careers in the markets. So, they sought out jobs such as shop sellers, blacksmiths, metallurgy, fishing, and government work.

The Columbian Exchange caused inflation in Europe. Silver

During Wu-ti reign, he had enforced the people to expanded industrial and commercial growth elsewhere, rather than invested in salt and iron; the people had started investing into mining other important minerals such as gold, silver, and lead (Chang 84). At this stage, Wu-ti had the industrial and commercial at full bloom developed to the point where the cities had expand because the economy was beyond from being financially stable, the people had finally recovered. The next stage where to put the economic resource into financed the military expansion (Chang 85). The previous

Both of these contributed to a more global commerce since new crops could now be introduced to the Old World and silver was highly valued all over the world. The European settlers were aware of the aforementioned facts and took advantage of the rich lands that could be found in the Americas. They farmed extensively, and the Native American techniques for harvesting in difficult land helped them. Furthermore, knowing that South America had rich silver deposits, the mined for the valuable material to export it for profit. This remained mostly unchanged during this time since Europeans had no need to look for other sources of profit.

Rather than reducing social and economic inequality, China’s rapid economic growth magnifies the gap of benefits received by people in different socio-economic groups. As we will see, social and economic inequality are two sides of the same coin and is not solely the product of economic development. In addition to pure market forces, state policies play a significant role in contributing to the high levels of inequality China experiences nowadays. Despite the government’s concern towards inequality, recent interventions are not sufficiently targeted at the main causes of this issue which result in the continuing climb of China’s inequality figure. Nevertheless, contrary to conventional wisdom, the threat of inequality to China’s social and

In the perspective of third world's countries, it is shown to give many opportunities for employment, but what large corporations won't tell you is that they are exploiting the smaller less industrialized and causing havoc and damage to them. For instance, China's pollution rate is