During the time period of the 1570s to the 1750s, Spain and Asia dominated the silver trading network. Most of the silver distributed across the world came from their ports or ports in other countries controlled by them. Silver was beginning to be used across all aspects of life; silver was used as currency, traded for foreign luxuries such as Asian porcelain and silks, and was considered to be one of the most valuable traded goods. The silver trade that commenced among Spain and Asia affected the globe by enabling the wealthy to obtain and become accustomed to many luxury exports, yet not allowing the poor to have enough silver to fulfill necessary domestic affairs, and the trade made the silver supply very scarce and inflated the value of …show more content…
Tomas de Mercado, a Spanish scholar, wrote in 1571 that the silver trade with Spain and Asia was ruining the economy; Spain was sending so much silver over and only receiving extensive amounts of granite in return. Granite was a luxury material; it was not an essential resource. Charles D’Avenat, an English scholar, also wrote in 1697 on the futile, excessive trading among Europe and how they were sending far too much silver without sufficient reimbursement; however, he defends and supports the trade, saying that Europeans have become so accustomed to foreign luxuries and how efficient they are in their daily lives. Yet, at the same time, many communities were suffering from the drastic effects of the silver trade. Wang Xijue, a Ming dynasty court official, wrote in a report to the emperor in 1593 that nobody was able to purchase from the surplus of grain due to the scarcity of silver; laborers were receiving less money and were not able to tend to any more land. His report is extremely straightforward: while it is a report to the emperor, he does not try to appeal to him. Rather, he portrays how the silver trade is affecting his people. Xu Dunqiu Ming, in his essay from 1610 about the city of Hangzhou, wrote that local dye shops now forced customers to pay their bills in silver, rather than their previous exchange of grain or poultry for dye services. He shows no bias in his …show more content…
Everything from clothing, automobiles, and toothpaste come from countries without sufficient labor laws. In the United States, one of the most prominent countries that they purchase products from is China. Unlike the porcelain and silks sold 500 years ago, now China exports electronics, toys, synthetic fabrics, household supplies, and everything imaginable. While the United States benefits immensely from their products, China is not in the most favorable of conditions. Due to all of the factories in China, their environment is worsening. The fumes from the factories cause the atmosphere to be heavy with poisonous chemicals. China is still not a full democracy; however, their political positions and enforcement has improved drastically from previous years. While China does flourish and has massive amounts of wealth, it is still subject to the mentality that the country who flourishes the most (presumably the United States), others must suffer under
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In the 1500’s the world was run on an Independent world, which meant that all countries were depending on their selves. Throughout the early to late 1500’s countries were trading with each other for goods either with money or other goods that other countries were unable to produce themselves. There were trade circles all over the world that trade runners would travel to unload their cargo and stock up products they receive from trade. These countries were trading materials such as gold, sugar, tobacco, and metals, and other raw materials that were valuable. By the 1700 the world was turning more interdependent.
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.
China 's air quality is lacking to a point that there is smog everywhere. The reason for this is that china and other countries are growing rapidly which is putting economic growth above environmental growth. Auslin mentions that “ The lack of industrial regulation , the burning of dirty coal, and the rapid growth in private ownerships of cars have combined to create one of the world 's worst air pollution problems”(Auslin). By having the United States come help they could work together to figure out new ways to help fix the air by making cars more green. By doing this China and even America can improve their air qualities in substantial cities.
Introduction In the 1500s were there were only 13 colonies, they traded many items that soon became the center of there region, but, trading these days is isn’t as important as it was those days. The most important things is getting resources from other countries. If we can go back at that time when trading was important, there would be a lot of merchants in the ports trading many things. There were many farmers in the southern colonies that grow many things.
Tyler Rico 5/9/17 Section 2 DBQ Essay During the times leading up the 1500s Christianity and Islam both had different views on merchants and their craft with people from both faiths having varying degrees of opinions on it. Trade increased dramatically after the Mongols came into power and secured the Silk Roads making trade a lot more profitable and a lot less dangerous. This made the issue of trading come to light even more as it became more prevalent in people's everyday life. After the fall of the Mongols western nations raced to find new ways around the Silk Road as they did not want to trade through Muslim controlled land.
During the time of the 1650’s the Americas were not a part of what is now the United States and other countries in Central America and as well as the Caribbean. During those years European countries who were dominate in exploring the world and conquering new lands were the British, Spanish, French and the Dutch. The world economy was greatly impacted by the production of goods the Americas could provide Europe and even parts of Asia. The America’s were rich in materials that could not be made vastly, like the production of cotton, crops, tobacco and as well as natural gems like gold and silver that would increase wealth of the country who was exploring the region at the time. The British crown at the time was a powerful nation and if not the most powerful in wealth and military with great number of troops and
Trade was at first brought up by the non-Christian merchants in Europe who traveled along the Silk Road. (Document 4). Items traded include imported spices, Egyptian paper, pearls, and many other things. The economic development of trade in the Middle Ages greatly impacted the lives of the people through gaining knowledge of new products, and enabling people to obtain new
During the time period of 1450-1750, there were many changes as well as continuities in the economy of the Atlantic world form. One main change during this time was, the involvement of trading European firearms and other foods. This diversified the initial upbringing of the Atlantic world trade, which was different from its original usage of exporting slaves, gold, salt, and other goods. But this was both a positive and negative change for the economical status of the Europeans earnings increased, but negatively as well as there were more weapons used for violence. In relation, a continuity that occurred through this time was the use of the Atlantic world for the trade of African slaves.
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.
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.
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.
The Atlantic world from 1492 to 1750 experienced economic and social transformations due to new contacts among the major continents that bordered the Atlantic Ocean. Western Europe, Africa, and the Americas saw dramatic economic and social changes caused by the slave trade, the increase of trade, and the Europeans “discovery” of America. The Atlantic world experienced great Economic changes created by the new global connections established between continents that allowed the expansion of trades, slave trades, and the claiming of land. Due to the new found connections the participants of trade all over the world brought home new goods, mainly from Europe, and materials previously never seen before or goods they were in need of.
When thinking about purchasing food we are often told that buying local is better for the community as it puts the money in the pocket of a small business owner and not for a corporation's CEO to purchase their third vacation home. But, often what we don't look at is the other things we purchase like clothing, cars, beauty products and day-to-day items. It is very common that many household products are made in China, as it is a lot cheaper to manufacture things there and send them to our local Walmart or retail store for Canadians to consume. I wanted to see how many things in my day-to-day life are produced outside of Canada and what I buy that is produced in Canada. Of course starting with food, I often buy from the local market; unfortunately,
According to BBC News (2016), air pollution in Beijing is always in unhealthy stage. Based on 2008 to 2015, Beijing had about 49 out of 100 percent was in unhealthy stage, 14 out of 100 percent was in very unhealthy stage, and 4 out of 100 percent was in hazardous stage. Staying in a bad air or water pollution country is very tough for life. Recent research has shown that there have 4,400 people killed in pollution per day. Sometimes, the school would cancel the class because of air pollution.