This is driving some farmers out of business. This also leads to a lower social class with no silver to survive (Doc. 3). Document 5 tells us how the lower class in China is suffering because of the dominance of silver. They used to be able to buy things by making “in-kind” purchases (trading goods for goods).
In Doc 4, Charles Mann explains that due to this inflation, the government ran out of money. This inflation also had an effect on agriculture, because the prices of grain fell drastically. Wang Xijue that the Ming government “requires silver for taxes but dispurses little in their expenditure,” and this results in lowered grain prices (Doc 6).
The effect of this tax could be seen as a positive or a negative. When it comes to the research the tax has affected the country in a negative way, simply because the war was fought because of taxes that were seen as not needed as well the fact that the country fought the British to oppose taxes, and then Washington turns around and imposes a tax on the people after what they sacrificed to fight for the right to be free of taxes and to be supportive of their new government was tough because people did not have money to pay taxes at
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.
These images were also perpetuated onto Chinese women, thus, also sexualizing them as all prostitutes. The political status of Chinese immigrants were also heavily impacted as they could not serve as witnesses for one another and required a white man to vouch for their innocence or naturalization. The rising structure of capitalism brought more anti-Chinese sentiment from the white working class basis as they feared that the Chinese would monopolize their privilege of white free labor. The class nature of the anti-Chinese sentiment also generated hostility from white farmers as they also assumed that Chinese immigrants were out to take over their agricultural sector. These racialized class relations during the era of urban manufacturing reflected the racial segregation of labor that fostered white supremacy in California.
However, Chinese immigrants are treated unfairly because more complex reasons. These reasons include historical problems, Chinese-American cultural differences and competitive level (include education level and English level also the specialize skills). For Chinese immigrants, they contribute a lot of America society both in the technology and economy according to the public affairs television; however, many Chinese-Americans think they are “living in the jail” with no civil rights. (Public Affairs Television, Between Two Worlds) signal phrase The conflicts is caused by the competitive. In one way, Chinese are trained to get good grade in the exam.
In short, Athens failed to comply with the principles that it set. Slaves in Athens were seen as property and made up about half of the population. For instance, some slaves were sent to mine silver, which had a detrimental consequence. The silver often contained
Many citizens found that the policy was an insurance to make the price of money rise. By doing so, farmers found themselves to be on the negative side, unable to benefit from this sudden increase in money. Farmers were one of the few groups that were affected greatly by the Monetary Policy, as they were the ones who lived in an area where money was limited. When government officials helped big industries become profitable “and agriculture less so, banks became increasingly hesitant to lend money to farmers. When they did, it was at a higher rate of interest, making it even more difficult [for farmers] to profit.” Tariffs came around later in the period, causing many farmers to compete with one another for money.
However, because the races were different, there were some in the imperialist empires who began to blame the minorities, using race to blame them for the troubles that the imperialist nations faced and the misfortunes. Their differences terrified them and they hated them just for being around. Paraphrase: west carried the hopes and disappointments for the Americans, which they then looked for someone to blame. Since all races of the world were meeting in America, the immigrants and other races were handed the blame for American misfortunes (Limerick 269). The third example of this use of race is when workers in California begin to blame other races, such as the Chinese immigrants in California, for the failure of the gold rush.
China has accumulated so much debt in the strive to spread their power it has actually come to hurt them. If the nation of China falls America will be in a hopeless stage of no return. American leadership has fallen and just like the Roman Empire fell America’s time is very soon. The U.S still pushes for the best of the best in technology, man power, wealth and security of its nation but has found themselves on a fast moving downward fall to catastrophic disaster. The Roman Empire, Spanish-American War, and the men and regions who had the desire to spread their own influences to other people and places were all classified under the same movement.