Even though the economic affects of the flow of silver from middle Sixteenth century to the beginning of the Eighteenth century seem to play out nearly the same in the different countries, the social affects are way more custom based on the source’s pov. Documents 4 & 5 show that silver was the preferred way of pay even though the sources weren't from the same points of views (British and Ming respectfully), however; documents 2 & 7 show that Spanish & Chinese have different views on their homeland affects.
These documents that are in terms of economy prove to be limited such as document 4 which has an outsider’s view from Britain who is anallyzing the Portuguese use of silver for Chinese goods. In document 5, the Ming writter portrays a statement that in previous years, a simple trade for dyed cloth would suffice, but since the economy is becoming more desiring for silver, comon shops are begining to complicate things with good payments of silver. For the Spanish view point, the priest states strait facts saying that according to official records, there was a crazy amount of silver going around. A document that would add to the understanding of the economical effects would be a report from an official document-keeper in Manila that has the ratio between the silver going out vs. the amount of goods from China in order to show who has the advantage in the trade to show something that has a professional view.
By contrast to the non opinionated economic affects, the social affects of the silver going around differs thoughts that represent each society involved. Taking a look through the Ming Dynasty’s point of view, they beleive that the greed involved in the silver is corrupting their lives. Interesting enough, all of the documents that are considered “Social Chinese”, they all are from the Ming officials. In document 1 the Ming official is arguing that if you become too obsessed with silver, you develop a...
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