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GLOBAL SILVER TRADE
Global Silver Trade = Global Commerce
• Ming Chinese
government began to
pay official salaries and
collect taxes in silver...
Global Silver Trade = Global Commerce
• In 1571, the first Manila Galleon carried
silver from the Americas to Asia, and
re...
RESULTS of Silver Trade
• Over 8 million natives dies in Spanish mines in
Mexico and South America.
• The Spanish economy ...
RESULTS of Silver Trade
• Japanese government, the Tokugawa
Shogunate, created policies that expanded the
Japanese economy...
RESULTS of Silver Trade
• Chinese demand for silver effected global
markets and fueled global trade
• Commercialization in...
Global Silver Trade 1450-1750
Global Silver Trade 1450-1750
Global Silver Trade 1450-1750
Global Silver Trade 1450-1750
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Global Silver Trade 1450-1750

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Global Silver Trade 1450-1750

  1. 1. GLOBAL SILVER TRADE
  2. 2. Global Silver Trade = Global Commerce • Ming Chinese government began to pay official salaries and collect taxes in silver. • Silver deposits in Japan and Spanish territories in the Americas were discovered about the same time.
  3. 3. Global Silver Trade = Global Commerce • In 1571, the first Manila Galleon carried silver from the Americas to Asia, and returned with Silk, Ivory, Spices, and other goods. Silver from the Americas also went to Spain, and then was sent to South Asia and China for Asian goods. • Europeans now had the resources trade heavily in Asian goods. • Global trade was born
  4. 4. RESULTS of Silver Trade • Over 8 million natives dies in Spanish mines in Mexico and South America. • The Spanish economy boomed, then busted. – Spanish government went bankrupt as silver values dropped. – Spanish government policies and upper-class spending on luxuries wrecked the economy. • Other European empires profited from the movement of goods.
  5. 5. RESULTS of Silver Trade • Japanese government, the Tokugawa Shogunate, created policies that expanded the Japanese economy while the government centralized power.
  6. 6. RESULTS of Silver Trade • Chinese demand for silver effected global markets and fueled global trade • Commercialization in China increased and the economy grew even as the Ming dynasty fell and the Qing/Manchus took over. • By 1750, the value of silver began to drop with the high quantities of silver in Qing-controlled China.

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