Silver Trade Case Study

There are economic, cultural, and political are the effects of the industrial revolution and European imperialism on both European nations and their colonies during the time period 1700-1914. European nations gained oversea colonies in North and South America, Africa and Asia. The European nations conquer Africa because they needed raw materials. European-introduced European culture, language, and religion to Africa. The European opened schools in Africa, which teach in the European language and spread Christianity. The European nations divided African and China into colonies.

The booming growth and development of silver during the mid-16th century to the early 18th century had various social and economic effects in many European, Indian, Japanese, and Chinese societies. The growth of silver in China and Japan made them ‘hot-spots’ for other nations. Britain, Portugal, and Spain plentifully benefitted from trading silver (doc 7, 4, 2) whilst other nations had discrepancies over the topic because it caused corrupt governments (doc 1, 3, 5, 6, 8).

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.

The increased flow of silver during the mid-16th century to the early 18th century caused social and economic effects in all regions connected with the trade by increasing the integration of Europeans in the globalization of world trade, while creating greater economic opportunities and causing growing social divisions within China. It would help to have a document from a Japanese merchant, to see if the effects of the silver trade affected the Japanese economy as much as it did the Chinese and Spanish. It would be nice to see a document from a Chinese farmer/peasant to see if the increased flow of silver affected their lifestyles as Document 3 or 5 suggests.

The flow of silver between the mid-sixteenth century to the early eighteenth century changed the social and economic structures of many different countries and states. Tokugawa Japan and Spanish colonial America lead the global flow of silver from 1500 to 1750. The flow of silver had positive effects socially and economically in those two places. Contrastingly, Ming China and Britain both struggled with the new flow of silver. They both had to try and adapt their own countries to function with the correlation of silver flow.

The silver trade in the 16th to 18th centuries brought economic and social transformations around the world. The changing flow of silver during this time changed every civilization globally; The Ming empire, the Spanish and Britain were effected both economically and socially. By the early 18th century, the effects of silver trade had both changed the operation of economics and social structure. Additional documents that could have explained and supported these changes; writings from the empire of Tokugawa Japan, the indigineous workers in the Potosi mines, business owners and their change in their payments and reliance on silver for profit, and the agriculturalists that saw the influence of silver on the trade of commodities all over the globe.

“All the peasants and soldiers to the wall.” Imagine being a laborer and having to contribute in the construction of the wall. During the Qin and Han dynasties, the Great Wall of China was built. The continuous wall protected the dynasties from the Mongols. The benefits of the wall did not outweigh the costs because of the soldiers , the economy that went down, and the forced labor from peasants and laborers.

During the worldwide silver production that occurred during the 1500s to 1750s, it has caused much conflict due to selfishness and bias acts between countries. From the abuse of putting countries in debt and making the people resort to land sharks, to having priests do their best efforts in convincing officials to end the suffering of people working hard only to receive little in return.

Silver was one of the most dominant and popular features around the mid-sixteenth century throughout the early eighteenth century. The treasured item was found from Spaniards traveling west around 1532. There were mountains found made of silver that became a huge advantage for the Spaniards. The mita system from the Incas, which was used to build roads and buildings, were to mine and process silver. This silver was soon sent out to be used throughout China, Portuguese and Spain. Silver was a factor in global trading, currency changes, and in government usage as well between Spain and China. While the flow of silver between Spain and China have close similar and different factors, it was mostly descent for both sides. These types of similarities

The Transcontinental Railroad stemmed from the belief that Americans had about the destiny to travel westward and expand across North America, also known as Manifest Destiny. The railroad was completed in 1869, after the Civil War. Two groups of workers starting from different sides would build half of a railroad to meet in the middle, Promontory, Utah. The Union Pacific had begun construction in Omaha, Nebraska, and the Central Pacific in Sacramento, California.The Central Pacific consisted of Chinese laborers who were paid as little as twenty-eight dollars a month to do the dangerous work of flattening the Sierra mountains for the railroad.1 Many of the Chinese workers had already resided within the United States because of the aftermath of the Gold Rush. Most of the workers coming from southern China in hopes of escaping poverty and the instability of their hometowns. China itself was facing economic problems due to population, draughts, and conflicts between the peasants and Chinese rulers. The

Bruce Haidrey Mrs. Anderson Period 6 CCOT in Latin America 1550-1850 Overtime, Latin America has developed greatly. However to develop, Latin America could not keep everything the same. To be able to grow into a very powerful region that they were hoping to become, many changes were made physically. Although Latin America greatly developed

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 developmental jobs and task created allowed for income and market economy to expand for china. They went further as to trade on land or sea throughout the eastern hemisphere. To travel they needed a ship or a boat to trade long distantly over sea. The increase production of trade allowed for China to make a social change.

First and foremost, one must acknowledge the plainly visible fact that the Chinese economy has grown exponentially since the process of integration into the global economic system began. China 's comparative advantages, particularly in the labor sector, has transformed it into the second largest recipient of FDI in the world.1 Over the course of the last 20 years, exports have grown approximately 17.1 percent per year.2 This ultimate result of this investment and trade has been an overall growth rate 8 percent per annum,3 which would have been completely unattainable without the country 's engagement in globalization. Foreign investments have

In the book Wild Swans: Three Daughters of China by Jung Chang, the author talks about the stories of her grandmother and mother as well as herself during their journeys as women in China. The book discusses how gender roles, political ideology, and economic ideology in China change over time. During the entirety of Chinese history, many changes and continuities transpired and had crucial impacts on China. However, a great amount of change occurred during the time period from the 1900s to present day. These changes and continuities incorporate happenings in areas concerning the treatment of women, political structure, and economic capacity.

On the surface, it is easy to get the impression that the Spaniards’ goal for going to new lands focused on only gold. If it is only looked at in that aspect, it makes them look greedy. Often times in high school history classes, they focus on the voyages themselves rather than the culture of the Spanish society. They were very religious, as were many other empires. Despite a major concentration on the riches of the New World, the conquest of the Americas is best understood through the evangelism and theology of both the indigenous people and Spanish voyagers. The differences in their culture and religion brought forth many issues for both sides and ultimately affected the relationship and social aspects between the indigenous people and the Spaniards.