ipl-logo

Discuss The Economic Effects That Were Cause With Silver Dbq Essay

702 Words3 Pages

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. Also in documents 3,5,6

depicted the hard times and suffering that were caused by silver.

Documents 2,4,7,8 discuss the economic changes and effects

that were cause with silver. Document 2 was written by …show more content…

In

document 4 Ralph Fitch, a British merchant, is trying to join in on

the trade and for the British government to join to be able to

obtain more money. They see how the Portuguese is making

money and the trade and profits being made between them and

China and believe they should join the trade to earn some of the

profit. A similar situation goes on in document 7 He Qiaoyuan, a

Ming dynasty court official, he try's to convince the emperor to

repeal the on foreign trade. He tells the emperor how Chinese

merchants are trading there goods for profit and that they could

be the ones making the profit instead of others. But in document 8

there was a conflict going, Charles D' Avenant, an English

scholar, tells about the restricting Indian textiles. Europe is in a

trade with Asia where they acquire cotton cloth, silk, drugs,

cotton-yarn, and wool and are starting to see of the point of being

in the trade but know they must stay or another nation will join the

trade and take over. I would like to see a document from someone

on the Asia side of the

Show More
Related

  • Silver Trade Dbq Essay

    1085 Words  | 5 Pages

    Socially and economically, the global silver trade from the mid-16th century to the 18th century had a negative effect on the rest of the world. The trade’s earlier benefits did not last long, as it eventually weakened the Spanish kingdoms and Ming dynasty. The dependence on trade and the uneven disbursement of the product lead to the fragility of the economics of those governments that depended on silver. The economic effects can be seen in document 2, 3, 4, and the social effects of the silver trade can be seen in documents 5, 6, 7, and 8. According to the documents, the middle man profited the most from the dependence on silver, while the countries importing and exporting silver suffered massive damages.

    Read More

  • Columbian Exchange Dbq Essay

    706 Words  | 3 Pages

    As the amount of silver increased, and the inflation caused by paper money, the Ming Chinese government required all domestic taxes paid in sliver. However, this policy caused a lot of problems in society. Reported by Wang Xijue to the emperor in 1593, the lack of silver coins in society caused the price of grain decreased, so farmers have limited return food (Document 3). Moreover, written by Xu Dunqiu in his essay the changing times, beside trading products with products, domestic trade was paid by silver as also (Document 5). Therefore, if normal people want to maintain their lives, they had to change their products with moneylender.

    Read More

  • Government Regulation Of Silver In The 1500's To 1700s

    478 Words  | 2 Pages

    The purpose of this new standard is to advise against the upper class’s spending on luxuries such as weddings in order to maintain the government’s regulation of silver and prevent overuse. As silver was highly valued and growing increasingly popular, it can be understood that the government would impose a restriction on its use to limit the access that society had to it. The reason being that the empire encouraged consumers to spend silver wisely instead of foolishly, such as on weddings, given the government’s adherence to Confucian values. An additional argument that contradicts the government’s limit on wedding expenses was the requirement of dye shops in the city of Hangzhou that bills must be paid with silver acquired from a moneylender. Seeing as the vendors profited from being paid in silver, it is logical that they would promote the use of the currency despite the restriction on luxurious spending.

    Read More

  • Economic And Cultural World Dbq Essay

    636 Words  | 3 Pages

    The most two worlds that were most affected by being a site of encounter in Quanzhou were the Economic and culture world. The culture world lead to more trade which greatly affected China and the Economic world lead to more education around China. The Culture world was one of the two worlds that was affected by the site of encounter in Quanzhou. “Wang Yuan Mao was a Quanzhou man.

    Read More

  • Ap Euro Dbq Imperialism Essay

    1009 Words  | 5 Pages

    In Africa, punishment was purposely done by mutilating the hands of slaves who were unable to extracted the desired amount of raw material (rubber) as seen in document 6 where Edmund Morel states, “... Congo State troops were in the habit of cutting off the hands of men, women, and children in connection with the rubber traffic…” Despite being European, Edmund Morel was clearly against imperialism in Africa which shows the extent of the atrocities committed there to the Africans. Asia, specifically the Chinese, on the other hand suffered unintentionally as a result of opium exported to China by Britain which was damaging the society by making many addicted leading to Lin Zexu taking action as seen in document 5 where he essentially begs Queen Vitoria to stop opium exports and questions her about European morals on trading harmful substances just to make a profit. Lin Zexu was a powerful scholar official who played a major role in the outbreak of the Opium Wars which China lost leading to the Treaty of Nanking.

    Read More

  • Silver Trade Dbq Essay

    755 Words  | 4 Pages

    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.

    Read More

  • Positive And Negative Effects Of American Industrialization Essay

    437 Words  | 2 Pages

    The American Industrialization was in the late 1800’s making many things to improve the economy. The American Industrialization was caused by multiple factors, some of the factors included a growing population, a willing work force, high tariffs, among many more. These effects made people willing to work at lower wages so they can get jobs and buy American made goods. There were many outcomes of the Industrial Revolution, both positive, like improving people's lives, and negative effects, like exploitation of workers. The positive effects of American Industrialization is how it make work cheaper, employed thousands of workers, and improving people’s lives.

    Read More

  • Industrial Revolution Dbq Essay

    934 Words  | 4 Pages

    The Industrial Revolution was a very big part of our History. It brought lots of new inventions and products that society had never thought could be possible. The Industrial Revolution also brought in new medicine and medical equipment allowing people to live longer lives. Before the advancement in medicine if a person was in a coma then they were thought dead, and usually buried alive.

    Read More

  • How Did Imperialism Affect China

    879 Words  | 4 Pages

    In 1839, the Chinese government tried to ban opium from a port city called Canton. Columbia University 's article, China and the West, says that, “the Chinese are defeated by superior British arms and which results in the imposition of the first of many “Unequal Treaties.” These treaties open other cities, “Treaty Ports” — first along the coast and then throughout China — to trade, foreign legal jurisdiction on Chinese territory in these ports, foreign control

    Read More

  • Industrial Revolution Dbq Essay

    387 Words  | 2 Pages

    The Industrial Revolution occurred during the 1700’s in England. It began within the textile industry. Prior to the Revolution, many workers wove textiles by hand. They didn’t have any machines to make the process faster. When the Industrial Revolution began, machines were being built that did the job for them, and did it quicker.

    Read More

  • DBQ Essay: Effects Of The Industrial Revolution

    570 Words  | 3 Pages

    Effects of the Industrial Revolution The Industrial Revolution was an important event in history. It brought about many positives during its time. For instance, kids were well fed, educated, and clothed. There were plenty of negatives, as well. One very sad example was the machine injuries that happened to both children and adults.

    Read More

  • Silver Trade Dbq

    1183 Words  | 5 Pages

    These leads to a permanent lower social class who will suffer in order to survive because they don 't have the silver they need to buy goods. In document 3, Wang Xijue is a government official for Ming China. He is reporting that although the Chinese government is collecting a great deal of money in taxes, by demanding tax payments in silver the government is actually hurting the economy. Because all the silver is spent to pay taxes there is very little left for people to use to buy farm products or tools or to hire laborers. Since they cannot afford to pay much in silver prices and wages are dropping.

    Read More

  • Examples Of Isolationism

    608 Words  | 3 Pages

    In 1895, Japan took over a large part of China and so did the Europeans in the late 1890s due to China’s leaders’ lack of power to control their nation by opening up its doors for them to trade and them taking an advantage of it. Many of the US business and government leaders worried they were not give equal opportunity to trade with them so they proposed the Open Door Policy with China. The policy stated all nations will be allowed to trade freely in and with China. Europeans this to be the benefit of the US and would take away their power in China so they did not accept. Later European accepted the Open Door Policy after more than 200 foreigners were killed in the Boxer Rebellion.

    Read More

  • Explain The Two Historical Events That Changed The Us Economy

    403 Words  | 2 Pages

    1. The two historical event were the industrial revolution in 1760 and the start of world war 2. During world war 2 men were being drafted and force into war. This left numerous job open in the industrial workforce.

    Read More

  • The Tang Dynasty: China's Golden Age

    1408 Words  | 6 Pages

    The government largely promoted trade because it was their main source of revenue. Trade was the main business in China at the time and it was the main source of the money flowing through the country. Another reason the government benefited financially, was the taxes they collected. They charged exorbitant taxes for land trade routes and still charged a substantial amount by way of the Grand Canal. They kept open borders, allowing for foreign trade.

    Read More

More about Discuss The Economic Effects That Were Cause With Silver Dbq Essay

Open Document