Global Flow of Silver Dbq Essays

Jacksonian Democrats viewed themselves as the guardians of the United States Constitution, political democracy, individual liberty, and equality of economic opportunity. However, the Jacksonian Democrats were in a catch 22. In order for them to protect the interests of the common man, they at times had to violate the very things for which they stood. By doing this, the Jacksonian Democrats stressed the importance of the power of the common man, at times by violating their own principles.

Role of Government Directions The following question requires you to construct a coherent essay that integrates your interpretation of Documents A–H and your knowledge of the period referred to in the question. High scores will be earned only for essays that both cite key pieces of evidence from the documents and draw on outside knowledge of the period. 1. Analyze the extent to which western expansion affected the lives of Native Americans during the period 1860–90 and evaluate the role of the federal government in those effects. Use the documents and responses to each document to construct your response. Document A Santana, Chief of the Kiowas Source: Santana, Chief of the

Europe seemed to remain the most neutral in this desperate silver trade, choosing to remain only involved enough to observe. British merchants were not entirely reliant on trade to or from the Asian worlds so merely recorded how China received “nothing but silver” (Doc. 4) and the Portuguese use this to “their good advantage in China”. However, England could not remain completely unaffected as scholars such as Charles D’Avenant observed. Luxury goods especially spices and silks have become prominent in European culture. While Europe draws from Asia “nothing on solid use” it has “tasted of this luxury” (Doc. 8) and it is not advisable for England to pull out of this silver trade. England could afford to remain more objective, but it could not pull out entirely. It had roots planted early on, and it would cause severe social disturbance to tear them up.

The increased flow of silver altered the worldwide global trading both socially and economically. The global flow of silver from the mid-sixteenth century to the early eighteenth century caused social and economic issues by creating social impact in China, changing the economic purpose for trading, and the overall exchange between the Chinese and European nations.

The wealthy were able to obtain more silver than the lower class causing an unequal distribution of silver. China has issued a new policy to limit wedding expenses. They are requiring the payment in silver which explains their way of limit wedding expenses. The frugal man would have something left over because he is able to save and use limited resources. While the other extravagant man would spend much more than is needed. These men are from two different social classes. Ye Chunji was a county official during the Ming Dynasty and must have earned the position he is in so he is able and has the authority to limit the wedding expenses of a frugal and extravagant man to what he feels is right. (Doc 1). China’s policy of silver being paid as taxes has affected grain prices and has mainly affected poor peasant farmers. This expresses dominance the government has over the farmers which is causing them troubles. Wang Xijue, a Ming dynasty court official reported this problem to the emperor. In the report he criticized the national government’s new silver policy about the farmer’s lack of silver. He personally could have been a farmer himself and rose to more power which is affecting his view. (Doc 3). In China, the dye shops have changed the way they charge their customers for service. They went from not using money to a currency way of paying. This made the form of

Ogedei laid the foundation of prosperity and brought master craftsmen of various fields from China (Doc.4). By bringing in skilled artisans from China, Ogedei increased the amount and quality of goods for both regional and foreign trade. Francis Balducci Pegolotti explains how the lord of Cathay would purchase silver from foreign merchants and give them paper money in exchange. Merchants were then able to use this currency to buy silk and other goods (Doc.7). As we know from Marco Polo, Cathay was being controlled by the Mongols during this time (Doc.2). Being an Italian businessman, Francis Balducci Pegolotti’s description of this trading process accurately represents foreign trade with Mongols. This system of paper money created by the Mongols facilitated trade and allowed the merchants to easily purchase items at a fixed price as well as not having to carry a burden. Despite these benefits, paper money contributed to the fall of the Yuan Empire because the value of notes were doubted. Similar to the trading cities established by Latin Europe, economy was entirely dependent on local and long-distance trade. Both these trading cities and the Mongol Empire relied on trade to fuel their

The author also mentions that China-based their economy on the exchange of silver. Another important thing in this chapter was the role of the Chinese voyages in the history of China and the entire world. The voyages that were created around the 1400s were used for three reasons,

China’s population was growing rapidly, almost doubling between 750 and 1100. Because of this huge population boom, paper money was established, and the trade industry grew. There were many advances that were made, such as technological improvements

In terms of the economy, industrialization and manufacturing drove the economy forward, catalyzing change and developments that would contribute to the economy. Advancements in metallurgy produced an increased demand for

Silver production in the mid-sixteenth century to the early eighteenth century increased substantially due to Spaniards gaining control of Potosí. This led to them creating mines in the area, which was rich in silver. By doing this, they substantially increased the silver in the hands of the Spaniards, which they mainly used to pay for luxury goods and products from Asia. The silver trade had long reaching effects on the social and economic state of empires and countries worldwide from the time period of the mid-sixteenth century to the early eighteenth century. Socially, the silver trade affected the Chinese social mindset and structure and caused them to change. Economically, the silver trade negatively affected the economy of Europe overall.

Analyze the responses of Franklin D. Roosevelt's administration to the problems of the Great Depression. How effective were these responses? How did they change the role of the federal government?

By 1839, war was imminent. The opium trade had caused the reversal of the silver deficit, now putting an economic strain on China, while Britain’s economy flourished from the profit they were making off the drug. Because it was being illegally imported, all of the money was going directly to Britain instead of to the Chinese government in the form of taxes. This caused a severe economic decline in China as unemployment rose, agriculture declined, and funding for public improvements diminished.

The effects of the Cuban Revolution on women’s lives and gender relations in Cuba from 1959 to 1990 include that some say women have not reached equality yet with men, women gained more opportunities for themselves, economy and politics, and also how women still had responsibility for children and home, not men.

Document 2 strongly states that silver flow began to snowball towards the Asian commodities in Asia, rather than those in Spain. This was due to the fact that prices of Spanish commodities were very high and people turned to the less costly Asian commodities. As an effect, silver flow started to concentrate in Asia and around Asian commodities. Wang Xijue, a Ming dynasty court official, reports to the emperor in document 3 about the scarcity of silver coin and the negative effects it has on the value of grain. Grain was a main cash crop in the Ming dynasty in the late 16th century and when the price of grain dropped, cultivators earned less of a profit. This snowball effect was directly based upon the price of silver because when the government takes the silver and doesn’t distribute it, there is less silver to pay for the grain. As a result, this reduces the amount of food produced and the population of the dynasty is reduced as less land is put into cultivation. Silver’s indirect effect on the amount of food produced affected many societies throughout the globe in the mid-seventeenth century and early eighteenth century. Document 4, 5 and 6 are expressing the constructive economic impact on the global flow of silver. In document 4, the positive economic effect on the global flow of silver is that silver coins are a great use of currency. Portuguese use the Japanese silver coins to their

The combination of increasing unemployment rate and food price created severe poverty across the nation (Goldfinger par. 1-3). The currencies in China, too, went through a lot of changes to accommodate the increasing trade. At first, the silver Spanish dollars became rare and increased in value so much that it was outlawed as a usable currency. However, at the same time, the Chinese copper currency were also being used less due to the fact that the metal was becoming rare and the administration of the currency was extremely poor. The Mexican dollar was introduced but the problem was not solved until paper money were used in 1853 (Goldfinger par. 2). To make the economy worse, during the First Opium War, China had to pay six million silver dollars to ransom Canton, and an additional nine million dollars were paid to foreigner traders for their loss. Later, twelve million taels of silver were paid to Britain and France under the treaties negotiated after the Second Opium War. All of those factors weakened the Chinese economy in the 1800s (Allingham par.5-9). However, the Opium Wars’ impact is everlasting, for “the Chinese have embarked on a long and arduous struggle to expunge the humiliations which they suffered during and since the Opium War…Foreign industrialists may continue to dream of the supposedly unlimited China market, but the Chinese…are determined to keep the 'open door' sufficiently ajar to import vital technologies, while keeping all unwanted