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.
There was a high demand for luxurious goods that were special to each region which caused a great increase in trade. This also occurred on the Trans-Saharan trade routes with gold. Religion also played a big factor in why trade was increasing in these two trade routes. Increases in technology helped trade become more efficient and faster. For example, the compass helped people trade along the Indian Ocean sea lanes.
Another contributing factor was the accumulation of wealth, especially among the merchants involved. Empires and smaller states that directly were benefited from the trade sustained the commerce. . Also with the invention of new technology
As America became a great power, it has continued its legacy of territorial expansionism through neo-imperialist policies. Aside from acquiring land and expanding American territory, the United States has established policies that have allowed direct and often indirect military and political control, economic exploitation, and the introduction of American ideals. The U.S. has justified this form of colonialism by claiming that it is for mutual economic pursuits, the spreading of democracy, and the establishment of stable governments in developing countries. Despite America’s noble causes, American imperialism has caused many repercussions. The United States should cease to be an imperialist power as it is economically damaging to countries under its rule, costly to America, violates the fundamental American principle of self-governance, and exacerbates social and political situations in countries America has tampered with.
Something that had one of the biggest impacts on the world as it is today is colonization. There’s no way that the world we live in would be the same without it. From colonization, a multitude of good things came out of it, such as wealth for many nations, new land discovered, and colonies established. However, all of those things came at a price to others. The negatives of colonization affected the Native Americans (North, South, and Central America) and the Africans.
In the late 1800’s Imperialism had begun because the Europeans were greedy for power. They would conquer other small weak nations for many reasons such as a source of raw material, gaining more territory, and gaining control of people and using them as cheap laborers. Spain once was a great nation governing over the Philippines, Guam, Cuba, and Puerto Rico. During this time, the Philippines and Cuba were the only ones fighting for freedom and independence out of the four countries under the control of Spain. Later on, Rumors had spread to the US that the Spanish were being cruel to the Cubans and the Philippines.
Economic Effects of the Columbian Exchange Inflation of cash-crops, slavery and silver resulting from the Columbian Exchange caused a drastic effect on the global economy. Cash-crops forged new trade routes across continents, slavery supported New World exports, and silver caused power shifts in the world 's distribution of wealth. As Spanish expeditions to the New World increased in size and purpose, the economic effects on the rest of the world spread with equal vigor. The triangular trade circulated commodities between Europe, Africa, and the Americas. From Europe some commodities were distributed throughout Asia.
In 1494, the Treaty of Tordesillas was established in order to evenly divide unclaimed lands between Portugal and Spain. This led to the Line of Demarcation, in which the non-European world was divided into two zones. Portugal had rights to the eastern hemisphere, and Spain had rights to the western hemisphere. This allowed Spain to colonize areas in the New World. Even though they had this opportunity, they were not able to colonize specific areas in North America due to competition with other European countries.
The history behind the New World in which we know of today as America contracts around the brawl of England, Spain and France as countries that tried to conquer this continent. People from all around crossed the oceans like the Atlantic for example to come and try to start a new way of life on this continent. These new comers all had their own and different reasons and purposes on why they were headed to the New World, from government all the way to their living conditions. They also tried to bring their own governments to this continent and they all had different approaches to their colonies and their effort to become what they wanted to be. All of the various accusations of what was to be done and what should be done brought fate to towards the New World.
Trade in the classical civilization was a significant impact that shaped so much of the coming world. China was a strikingly impactful civilization when it came to trade. China used the Silk Road to trade, it connected China to the Middle East and Europe. China’s way of trade began a way for other civilizations to interact with one another. They traded all the goods that they produced such as medicine, silk, pottery, paper, gunpowder, gold, rugs, and more.
Spain’s empire was vast and held possessions in Europe, the Americas, Asia, and Africa for centuries. Even though the Spanish Empire lasted for many years, there are some important characteristics that defined it; I will name five characteristics that defined the Spanish Empire and what it was like to live there are, these include: the emphasis on religion that the Spanish crowns placed, the incorporation of other races as Spanish subjects, the opportunities for social mobility presented for some despite social stigma, the Hapsburgs’ soft politics and the changes brought by the Bourbons’ ascent to power, and the motives for Spanish Independence. To begin, the Spanish Empire placed a great importance on religion as seen through the creation of the Inquisition, whose primary purpose was to defend the Catholic faith, and further demonstrated by the empire’s justifications for their expansionist ideas. To illustrate, a Needlemaker in Tarragona, Spain was accused by his wife of being a Lutheran since he did not attend mass, cursed God and the church, among other things. Consequently, he had to present himself before the Inquisition, in order to get acquitted or receive an punishment.
Trade can be seen as a positive side. The Spanish brought goods such as gun powder, sugar, horses, steel, and farming machinery and more. In return the Latin American natives introduced tobacco, potatoes, tomatoes, turkey and corn. The natives were taught new skills in trade and even architecture using the new materials. Although this may initially be viewed as positive, the Spanish soon began to take advantage and exploit the natives.
What is imperialism? Imperialism is an approach to expand a nation’s power and their influences over other lands. Empires would look for expansion in their rule over other countries like Africa, Asia, and the Middle East starting in the 1870s and continued until 1914. But, was Imperialism beneficial for developing nations? Imperialism benefited developing nations from the positive aspects of technological advancements, economic gain, and political power.
Even though it has been over sixty years since Myanmar was imperialized, remnants of the outcome of imperialism can still be well observed. The language, the clothing, the infrastructures all have been affected by imperialism. These effects may deceive people into thinking that imperialism was all sunshine and rainbows but in reality, imperialism brutally destroyed the different aspects of a country. Imperialism impacted societies in countless negative ways. It led to slave trade which then led to social discrimination around the world.
While the colonization of the America’s was negative for many reasons such as the spread of illnesses, and the forcing of religion upon natives, it was also beneficial to the Native’s because it allowed them to have better weapons and to have different foods and goods in their lives. The Europeans exposed the Natives to many new diseases once they colonized the new areas they discovered. The Europeans greatly impacted the family life and religion of the inhabitants of the areas they found. There was also a lot of exchange going on during the conquest of the Americas because the Natives were excited by the new gadgets they had never seen before that the Europeans brought over.