Silver Dbq Essay

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Based on the provided documents, the social and economic effect of the global flow of silver from the mid-sixteenth to the early eighteenth century is because of finance management, currency exchange, and the high demand. Three additional documents which could help further answer the question would be a letter from the emperor of China, a frugal Chinese man, and the leader of Portugal. One way the economic effect of the global flow of silver from the mid-sixteenth to the early eighteenth century was due to finance management. In an order issued to limit wedding expenses, by country official Ye Chunji, explains that frugal men are able to spend while having silver leftover. The silver being spent had to be managed by everyone, no matter how large or small the amount of silver is. This document is biased because of the order of limiting expenses; it allows the government to be paid taxes since everyone was able to save up silver. In a report to the emperor, court official Wang Xijue writes about how grain is cheap because the government is taking in all the silver from the taxes. Another way the economic effect of the global flow of silver from the mid-sixteenth to the early eighteenth century was due to currency exchange. Manual of Deals and Contracts, by Spanish scholar Tomas de Mercado wrote how the Spanish began to lose their silver when commercing with China. The trade between Spain and China mostly involved Spain paying for anything imported from China by their own silver. This document is biased because Tomas is a scholar writing about commerce overseas. The Changing Times, by Xu Dunqiu Ming, is about how everything in China has to be pain in silver. The simple items, such as dyed cloth, must be paid in silver instead of grain, chickens, rice and wheat. This document id biased because the writer might have disliked the new way of paying. In an official
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