world civ iii exam 1 questions 1 and 2

world civ iii exam 1 questions 1 and 2 - 1. What role did...

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1. What role did China play in the global economy? -As early as the Han Dynasty (206 BCE – 220 BCE) produced goods such as silk sought after by the Roman Empire -advanced ceramic tech – luxury trade in porcelain -paper, printing, and gunpowder flowed out of China to revolutionize both Western thought and military power 1)Global Silver -Ming Dynasty (1368-1644): -invented paper money – got rid of it and developed silver -huge demand for silver – Europeans demanded silver -exported goods paid for in silver -Dar al Islam (House of Islam) -cultural, religious, and political trading group -link from Middle East, India, and Southeast Asia 2)Potosi Strike 1545 -began to mine for silver -11,000 feet -1870 – 150,000 miners – 7/10 died -300 years at Potosi – 800 mill. Died -used mercury to extract silver -“Rich Mountain” 3)China’s Global Impact -3/4 of new world silver ended up in China (through trade with Europe) – favorable balance of trade -broad market economy -Qing (1644-1911) -Copper coins: 1736-1795
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world civ iii exam 1 questions 1 and 2 - 1. What role did...

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