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Mmm also thx for padlet

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this padlet was a livesaver so ill try to contribute

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this padlet was a livesaver so ill try to contribute

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Although Spain and the European nations engaged in trade for luxury goods in the system of mercantilism between 1550 and 1800, there were many negative and long lasting unintended consequences.

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Thanks

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This is an open discussion so Wassup people!! ;)

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This is an open discussion so Wassup people!! ;)

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- from Houston

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Since Charles D' Avenant was an English scholar, he wanted to advocate any Parliamentary movement that would improve England's economy.

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The global flow of silver during the 1500's to the 1700's was massively disproportionate as good from Asia, such as silk perfume, gold, and porcelain were exchanged for nothing but silver. Despite this large intake of silver, there was never enough to carry our necessary duties by all people, as the circulation of wealth was not present. The greed for wealth leads to heavy emphasis on the monetary value of silver and the increasing gap between social class, as there is a lack of silver for those working in middle and lower classes leading to less production.

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Because Qiaoyuan is a court official during the Ming Dynasty, and is trying to persuade the emperor to repeal the 1626 ban on foreign trade, he would point out the fact that porcelain, sugar, and fruit from their native province is desired by the foreigners to show to the emperor that financial status can be improved if the ban is repealed. By repealing the ban, they are able to trade with foreigners and obtain silver

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-Society (5, 6)
-Economic Issues (1, 2, 3)
-Trade (7, 8, 4)

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Document 6 involves Ralph Fitch, a British merchant and the account of his travels. Travelers may exaggerate their sights to make themselves or their travels seem more impressive. In Document 8, Charles D' Avenant is debating in Parliment on a bill to restrict Indian Textiles. His position could be overly exaggerated to support his position.

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Topics:
- social life: (3, 5, 8)
- wealth: (1, 2, 6)
- trade: (4, 7)

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In document 4, Ralph Fitch is a British merchant speaking on his account of Portuguese trade. As discussed in previous sources there is a underlining rivalry between the British and Portuguese on the trade with Asia. Also, since his profession centers around the production and accumulation of wealth and trade goods it is likely that Ralph has a biased view over the Portuguese due to consistent rivalry for goods.

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The flow of silver during the mid 16th century to the early 18th century prompted negative effects on societies and economies of all the regions of the world that were engaged in the trade. It caused a growing gap in social classes in Europe, China, and the Iberian Peninsula by centralizing wealth in the upper class. Economically, the flow of silver caused a change in currency--one that was based solely on silver.

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In the mid 16th century to the 18th century, when examining social and economic effects resulting from the global flow of silver, primarily from the European colonies in the Americas and the Caribbean to China. A significant change resulted from silver lead them to disband previous ways of commerce by replacing it with silver causing a social downfall to farmers. China's empire began to become corrupt with high taxes and causing less labor to occur for cultivation. Thus in the process farmers got so desperate to obtain silver so they had to trade their crops for more silver to pay the national taxes and in the process lost money in supporting their farm.

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- wealth - documents 6 & 7
- trade - documents 4, 7, & 8
-social - documents 1 & 3

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Between the 16th and 18th centuries in Europe and during the Ming dynasty, the global silver trade was beneficial both economically and socially, but tended to result in negative effects when countries place major dependence on it. Based on the documents given, silver can be seen to have a far more negative effect than positive as relying on it as payment for all expenses can leave countries cornered. Socially, the merchants who traded with silver already, benefited greatly from the global silver trade.

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The wide use of silver in many places brought social and economic impacts. Silver brought negative impacts to Spain's economy, while allowing for global trade with other societies. However, silver positively impacted Europe's society, as they were able to trade with Asia for luxury goods, which were pleasing to the people.

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In document 3, Wang Xijue, the author's job was a Ming court official so naturally he would try to help his fellow countrymen succeed so he would choose words that cause the emperor, his audience, to sympathize with the poor farmers that had to lose more of their crops to trade it into silver, which was rare in china. This would make the emperor feel even more guilty and lenient to them because they are suffering because of him.

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The flow of silver trade affected many social and economic features of the Spanish and Chinese societies. The global flow of silver had an effect on the Chinese economy causing the price of imports to rise, while Spanish economy was benefited from the global trade of silver. In Spain, high prices destroyed Spain, but also helped them as the prices attracted many Asian people.

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In document 7, He Qiaoyuan being a Ming court official who had reported to his own Emperor about the repealing of a trade ban, would want to help his own country's economic status. He includes the status of Spain and how they are economically stable to show the emperor that the repealing of the 1626 ban is necessary.

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-lack of money(1, 3, 6)
-trade (4,7,8)
-effects of high prices (2,5)

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1. Ming Dynasty (Doc 1,3,5,7)
2. England (Doc 4, 8)
3. Iberian Peninsula (Doc 2,6)

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One economic effect of the global flow of silver is the rise of the economy in China due to exports of silk and porcelain to Europe and the introduction of silver as the main currency. A social effect of the global flow of silver is the defining gap between the wealthy and the poor.

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1. Economic (2)
An economic effect of silver is the rise in the economy in China. The Chinese exported fine goods such as silk and porcelain, in which were in high demand in Europe. The Chinese's main currency was in silver coins which was mainly supplied by the Portuguese. However, the money mainly flow to China for the Chinese did not import goods from Europe nor did the government use the taxes for the people. In document four, Fitch observed that the Chinese produced fine goods to trade for silver. This displays the how wealth flows to China and was maintained there for the Chinese did not import any Portuguese's goods. Additionally, in document seven, Qiaoyuan stated that silver coins were used to trade for popular goods sugar and porcelain, displaying that silver was the main currency in China. D' Avenant, in document eight, viewed trade with Asia as beneficial and supported trade with Asia for the Europeans needed the fine goods which are found in only Asia even if it is a one way trade where only one party benefit from the interaction.
2. Social (1,
3. Interaction with the Environment (map, 3, 6)

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1. Ming Dynasty Sources (1, 3, 5, 7). 2. British Sources (4, 8)
3. Spanish Sources (2, 6)