World Civ China Notes- 4-28-08

World Civ China Notes- 4-28-08 - Collapse of Constantinople...

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Collapse of Constantinople, collapse of italian political power, left atlantic states with no way to get new goods. Portuguese and Spanish are failing East India company- chartered in 1600 by Queen Elizabeth I, o British control those regions, koulies were like grunts, they were cheap labor. o Pepper had a huge profit rate because everyone wanted it for their food o Power was found through bullying people, then maintained the states. o Era of piracy, freebooters, and buccaneers (freebooters and buccaneers were legal) o 1598- King of Spain despised the protestants, passed edict that no foreign goods could be sold to protestants, would fight any nation not Catholic. o Cargo ships from canton to London were slow, but reliable. 1 st factory in Canton, o 1720- British importing hundreds of thousands of pounds of tea. Prices in tea fluctuated a lot. Wanted to find something for China to buy from England, tried to sell wool and cotton, opium was the winner. Opium exported, and British got it from India.
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