ipl-logo

Columbian Exchange Dbq Essay

706 Words3 Pages

Columbian Exchange allowed the change of animals, plants, trade, and technologies flourished the economy in different countries. One of these exchanged products, sliver, played an important role in social and economic role in Ming Dynasty, Spanish Empire, Japan and England. Japan and England benefited by the flow of silver, since Japan located at the mine center with numerous sliver, and England emerged in Asian trade networks . Spain in another way, was befitted at the beginning, but then Spain economy was ruined by silver. Moreover, silver brought more negative effects on economy and social life for Ming Dynasty and their solutions provided, since Ming Chinese government required taxes in silver. Silk, tea, luxury goods were always wanted …show more content…

As the amount of silver increased, and the inflation caused by paper money, the Ming Chinese government required all domestic taxes paid in sliver. However, this policy caused a lot of problems in society. Reported by Wang Xijue to the emperor in 1593, the lack of silver coins in society caused the price of grain decreased, so farmers have limited return food (Document 3). Moreover, written by Xu Dunqiu in his essay the changing times, beside trading products with products, domestic trade was paid by silver as also (Document 5). Therefore, if normal people want to maintain their lives, they had to change their products with moneylender. However, the taxes had already spend most of the food that a famers cultivated, so if famers could barely hold their lives. As food supplies decreased and their lives were being threaten, they probably would rebel the government for living. …show more content…

Spain earned a lot through trading with China. Written by Tomás de Mercado in manual of deals and contracts, it represented that in order to but the products in China, they had to pay a high price which ruined the economy and let silver flowed out of Spanish Empire. Moreover, some of the goods that Spain bought were stones (Document 3). Besides the economy, mining silver required huge amount of labors to work extremely hard. Represent in Document 6, there were more 3000 Indian workers worked hard everyday to mine the silver. By wasting labors in mining silver, Spain could barely develop tiger plantation economy. Therefore, the silver required of China, and labors at mining caused the shortage of Spain

Show More
Related
848 Words | 4 Pages

The purpose of the article was chastised farmers for amassing property with no means of paying their debt. The author goes on the criticize the legislature for wanting to remain popular by not enforcing farmers to pay their debt. This source supports Mr. Holton’s argument that representatives were also reluctant to load their constituents down with burdensome federal taxes, which crippled the government

Read More
708 Words | 3 Pages

The flow of silver from 1500 to 1750 C.E. drastically improved the economies of Latin American nations, which in turned allowed for a global shift in currency and altered trade. Also during this time period there was also a greater desire for global expansion and imperialism, as seen when Europe expanded towards the Americas. Interconnected trade allowed for more contact between various nations, but it also supported the idea that certain nations were superior. While Latin America was the source of the economic prosperity that occurred in this time period, nations such as Europe benefited largely as well; since Spain and Portugal still had control over the areas where silver was being mined, they were able to take the rewards and distribute for their benefit. Documents 2 and 4 describe how silver has become the leading trade object in East Asia.

Read More
755 Words | 4 Pages

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.

Read More
98 Words | 1 Pages

They also brought disease to the Americas which they benefitted from. The Spanish discovered a mountain of silver, and adopted the Inca system which allowed them to force the indigenous to work without payment. The discovery of silver had a major impact on especially Europe and China. China changed so that taxes had to be paid through silver, This resulted in an increased silk production, and almost all Spanish silk producers were put out of business.

Read More
255 Words | 2 Pages

Since the product was so rare, its value and the amount of business for China was increased, and it eventually became a vital part of their economy. Silk was especially valuable to the countries towards the West. It was especially

Read More
407 Words | 2 Pages

On October 12, 1492, an Italian merchant by the name of Christopher Columbus landed on an island in the New World. With him he brought three ships and a small crew of Spaniards. After exploring other islands, Columbus came one that he called Hispaniola; here, they found seemingly primitive and naϊve natives that they immediately began to take advantage of. However, little did they know that this first meeting would bring exploration of South and Central America that would wreak havok among the Natives. Throughout the period of European Expansion, Natives were ripped from their home and forced to work day in and day out.

Read More
453 Words | 2 Pages

Unit 3 DBQ Evaluate the extent to which the Columbian Exchange transformed the Americas from c. 1500 to 1750 CE. Living back in 1500 was way different than now. But all that has changed since the Columbian exchange. Starting with the transatlantic trade, indigenous power, and Americans. Let us take a look at Americans and how they have helped change our world from 1550-1750.

Read More
154 Words | 1 Pages

The Columbian Exchange, also known as The Great Exchange, is one of the most significant events in the history of world. The term is used to describe the widespread exchange of foods, animals, human populations (including slaves),plants, diseases, and ideas from the New world and the old. this occurred after 1492. Many goods were exchanged between and it started a revolution in the Americas, Africa and in Europe. The exchange got its name when Christopher Columbus voyage started an era of a tremendous amount of exchange between the New and Old World that resulted in this revolution.

Read More
903 Words | 4 Pages

The Portuguese then take their large amount of silver coins and uses them to get more luxury goods from China thus benefiting all three countries. In doc. #6, it says that “the ore at Potosi silver mine is very rich black flint and so huge is the wealth that has been taken out of this range since the year 1545. 326,000,000 silver coins have been taken out and this does not count the great amount of silver taken secretly from these mines to Spain and other countries such as the Philippines and China. ”(Doc.

Read More
928 Words | 4 Pages

Both of these contributed to a more global commerce since new crops could now be introduced to the Old World and silver was highly valued all over the world. The European settlers were aware of the aforementioned facts and took advantage of the rich lands that could be found in the Americas. They farmed extensively, and the Native American techniques for harvesting in difficult land helped them. Furthermore, knowing that South America had rich silver deposits, the mined for the valuable material to export it for profit. This remained mostly unchanged during this time since Europeans had no need to look for other sources of profit.

Read More
259 Words | 2 Pages

The Columbian Exchange was the exchange of goods animals and plants from one country to another. The Columbian Exchange had many impacts. Some of them can still be seen today. One example is introduction of new species. Another is the slave trade that happened.

Read More
469 Words | 2 Pages

The desire for precious metals and wealth was the primary cause of the Spanish’s harsh treatments upon the

Read More
892 Words | 4 Pages

The exchange offered great wealth to the New and Old Worlds and increased their quantities of resources. Also the spread of crop growing increased the demand for labor. This situation ensured the

Read More
1162 Words | 5 Pages

The Spanish colonized to expand their empire economically through resource

Read More
574 Words | 3 Pages

During the early 1400’s European exploration initiated changes in technology, farming, disease and other cultural things ultimately impacting the Native Americans and Europeans. Throughout Columbus’ voyages, he initiated the global exchange that changed the world. The exchange of plants, animals, and diseases between the Old and New World began soon after Columbus returned to Spain from the Americas. These changes had multiple effects, that were both positive and negative. Although the Columbian Exchange had numerous benefits and drawbacks but the drawbacks outweighs the benefits.

Read More

More about Columbian Exchange Dbq Essay

Related Topics

Open Document