Duncan Mr. Richman AP world 1/22/12 DBQ on Flow of silver in mid-16th to 18th century The increasing flow of silver during the mid-16th to early 18th century had a very large impact on the economic and social parts of many countries through effect on land‚ trade‚ and value of silver. The huge influx of silver brought many economic problems in both Spain and China. Antonio Vásquez de Espinosa‚ a Spanish priest appears indignant at the huge amount of silver being taken and stolen
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The global flow of silver managed to redefine the social structure in many societies‚ as well as dramatically altered the basis of the economy in many European and Asian countries. Despite the economic change that came from the mass production of silver and its use as a standard currency‚ the growth of the silver industry brought as much change socially and culturally as it brought economic transformation. Many people viewed the conversion to silver being the standardized currency as a huge hindrance
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The flow of silver from the mid-sixteenth century to the early eighteenth century led to social and economic changes in Europe and China. In China‚ the standard of living increased‚ common people became poor‚ and a form of currency was developed‚ along with this came the Chinese becoming more ethnocentric due to large amounts of silver flowing in. In Europe. they became middlemen for Japan and China‚ but made little to no profit due to their demand for Asian luxuries which led to imbalance in trade
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The global flow of silver from the mid-sixteenth century to the early eighteenth century affected all areas involved in the trade‚ both socially and economically. It influenced the world economy and changed the customary life in Ming China. The global trade of silver shaped the economies in all regions involved. (Docs. 2‚ 4‚ 6‚ 7‚ 8) Although the author of Doc. 2 believed that the flow of silver currency out of Spain ruined their economy‚ it is evident in Docs. 7 and 8 that they were mining much
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Jacob Gonzalez AP World 11/29/10 DBQ 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
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the mid sixteenth century a silver mine located at Potosi‚ South America was formed. This silver mine was one of the few major silver mines in the world‚ the others located in Northern Central America and Southern Japan. This certain mine was known for its distinctive rich black flint. Extensive excavation required more than three-thousand Indians to work away with picks and hammers to break up the ore and bring it up to the surface. Just after refining the ore‚ the silver is shipped to Spain then from
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Silver DBQ Essay The global flow of silver from the mid-sixteenth century to the early eighteenth century had vast effects both socially and economically around the world. By this time an interregional trade network had been clearly established and world trade was booming. When China‚ a prominent trade nation‚ accepted silver as its currency and would only exchange for it‚ the importance of silver increased. This new rapid scramble for silver proved to be both beneficial and disastrous. While
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AP World DBQ 1 Religion and Politics roles in Afro-Eurasia’s ancient societies were influenced by geography. Both played a big part in the progress of building civilizations‚ believes‚ and a government‚ etc. Geography influenced the roles of religion and politics by the physical geography of the environment allowing interaction and exchanging of beliefs and goods possible. The Indus River and the Nile River both played a big role on the relationship between ancient humans and their environment
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11‚ 2012 Period 4 DBQ~~Silver As silver grew popular‚ it had many affects globally. Silver was seen positively as a way to increase trade and to involve the government in society whereas silver was not liked as it destabilized societies. Ralph Fitch‚ a British merchant‚ and He Qiaoyuan‚ a Ming dynasty court official both believed silver was a great asset to trade. Similarly‚ Ming court official‚ Wang Xijue and Antonio Vazquez de Espinosa‚ a Spanish priest‚ admired silver seeing it was a way
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Tokugawa Japan and Spanish colonial America led the world in silver production from 1500 to 1750. The primary flow of silver was from Japan to China and from the Americas to Europe. The documents explain the negative‚ bias and positive economic effects of the global flow of silver from the mid-sixteenth century to the early eighteenth century. Documents 2‚ 5 and 3 all deal with the negative effects of the silver flow. Antonio Vazquez de Espinosa‚ a Spanish priest‚ states that more than 3‚000
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