Ap World History Dbq

Around the beginning of the sixteenth centruy, many countires had started to explore farther away and finding new territories. New products like sugar and taobacco began to emerge around the world in many places. Many countries in Europe were gaining power due to the control of colonies in the Americas. Asian countries did not explore as much, but still managed to remain large and powerful for a while. The global flow of silver had economic effects on inflating prices of goods and stimulating econimic policy of mercantilism, and social effects on negative effects on the lower class around the world during the mid-sixteenth century to the early eighteenth century.

There were many economic effects due to the global flow of silver. One of these

Some of the items included porcelain and silk, which is more of a want than a need. Charles D’Avenant also mentions that along with receiving luxury good, Europeans were only sending silver and gold back to Asia, which would become buried and never returned. The global flow of silver’s influence on trade between European nations can be seen in D’Avenant’s account of the English being “supplanted in the spice- trade by the Dutch”, in his reference to importing from the East Indies commodities that can then be sold elsewhere across Europe, in his disappointment that gold and silver gets buried permanently in Asia. To the people of Europe, Asian silks and dyed cloth is pleasing to everyone and useful to wear at home. That meant that it should not be recommended to quit the trade between Europe and China because it benefited both countries. In his essay, Xu Dunqiu Ming wrote about how before, buyers would give vegetables and animals in order to purchase a product from a merchant (Doc. 4). But, silver allowed trading and bartering to be simpler because instead of having to trade item for other goods and services, a person can just give a certain amount of silver coins. The historical context of this essay