Everyone that has studied the history of trade and slavery, have learned of the global flow of silver, that was active from the mid-sixteenth century to the early eighteenth century. It was because of the introduction of silver from America and Japan that the people of that era started to focus more on silver. Economically, the flow of silver in the 1570- 1750, affected the Chinese and the European(Documents 1, 4, 5, 8, and 7). Socially, this flow of trade has affected the lives of the Native Americans, Chinese, and the European (Documents 2, 3, 5, and 6). It’s also because of the Chinese and European greed, that they took the Native Americans from their native lands, to be used as slaves in mining for slave, and also of the trade they did …show more content…
The China economy was affected because of the globalization of silver that cause more people to be alter in ways. Most reasonable result of the silver being global, is the ‘greed’ that was direct towards money alone. People of the era all had thoughts of the changes. In Document 1, by a county official named Ye Chunji, wrote on the greed of the Chinese people. He stated how “The frugal man with only one bar of silver currency can have something left over, whereas the extravagant man with a thousand can still not have enough.”, telling how the men with enough money or silver coins to support their life, is still not satisfied with that amount, yet the men with just one bar of silver can be happy with just that because they can live off that alone for some time. The silver coin have cause the people to not care for other nut he money, not even to think of how the money was found, and the death that was lost with every coin. Document 7, written by He Qiaoyuan, a Ming dynasty court official, tells of the foreign trade that happens around the 1630. In the document, it tells of the Spanish “silver mountains, which they mint …show more content…
Then soon the conquest of the Americas by the Spanish around 1492. This started the chain of effects that led to the change in China and for the Native Americans. Because of the changes, this led to the Native Americans becoming slaves because of the discovery of silver. In Document 6, that was written by Antonio Vázquez de Espinosa, spook of the slavery and the forced work that they were put through just so the Spain, Philippines, and Chinese can get their silver. Though Antonio was a Spanish priest, he was able to speak of the “poor fellows” condition of work, telling the labor they went through everyday. In his document, he write down that there was 3,000 Indians that “worked away hard with picks and hammers”. Because Antonio was a Spanish priest, he was able to justify the cruelty of the labor made him give sympathy towards the Indians because he wanted to convert them to Christianity. Though all the Spanish cared out of the situation at the moment was that they were able to take out 326,000,000 silver coins from the mines. From Document 5, that was written by Xu Dunqiu Ming, stated how the economic action commercial city of Hangzhou has changed because of silver. Ming tells of the state that the city was before silver was discovered, how it changed the process of just buying a produce in the city. The payment has changed from just “with rice, wheat, soybeans,