Monday, March 4, 2019

The Global Flow of Silver

The flow of liquid affected the world through with(predicate) the mid 16th & early 18th century in numerous ways. When countries had more silver, there was less bartering & more slavery. People traded less because they could besides buy what they needed. Economically, more power was given to countries with more money which is called Mercantilism. enrolments 3 & 5 are reflecting on social change and how silver modify the way the Chinese lived. In document 1, it talks about the stinting man will always have something left but the degenerate man never has enough, this is showing how wealth call fors people greedy & the governance trying to maintain order by putting limits on spousal expenses.The point of view of this document is of a county authorized during the Ming dynasty who is under the Confucius shelter of frugality, making the document prepossess because he was against the capitalistic values of the riotous man. history 3 talks about how the elders of a specific r egularise explain why the price of food is cheap because the scarcity of silver because the national government isnt distributing silver back to society, but makes it discover of tax. I believe that this is biased because he was a court official and this relates to problems within his own community.Document 2 & 4 is about the emergence of silver in Spain. Document 2 states that high prices of Asian corrects ruined Spain economically, meaning Spain would need more silver to pay for them. Document 4 says that since Spain needed more silver, they traded their goods such as perfume, gold, porcelain and white silk to Japan. Document 7 is about how they usually trade good for good but with foreigners its good for silver because they would sell it for more than its actually worth. Document 7 was biased because He Qiaoyuan was a Ming Dynasty court official & he didnt want to ban foreign trade, so he was defending it saying that they could make more from it.Documents 6 & 8 are about soc ial effects. Document talks about how hard they have to wager to excavate silver. Document 8 is about how they were replaced in the space trade by the Dutch and they had to trade dyed cotton cloth, silks, drugs, cotton yarn and wool. Document 6 is biased because Antonio Vazquez de Espinosa was a Spanish priest and he didnt work in the fields to excavate silver, so he really didnt have 1st hand knowledge of that.Silver changed countries socially and economically. It had study effects in Spain and because of mercantilism they had to trade goods for silver. Economically, they needed more silver and they had to cut down prices and get more goods to get more silver.

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