wh 10-26-07 - Eurupe—interested in trading asian...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
26 October 2007 The Mountain that eats men The mines of potosi and Zacatecas Mercury and the patio process- mercury key to process, will become very expensive because of limited amount, monopoly of Spanish crown Terms: Zacatecas Potosi Amalgamation process/ patio process Repartimiento—system of rotational labor drafts—community has quota of laborers for mines( indigenous)—several months out of the year, small wages(not sought out) Mita- II. Silver is Blood: silver and the World Trade Main route—first- Seville—shipped across atlantic in annual fleets A. Routes: From the Atlantic to china a. Through Baltic—Scandinavia-russia-south to Persia- either overland to asia or to south in Indian ocean basin b. Through middle east-- c. Around the cape Trade to manila—silver, etc. Chinese economy Japan- second major supplier
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Eurupe—interested in trading asian products—asian doesn’t want European products---silver —trade imbalance China- shift from paper money system in china (t11h cent.) to system based on silver B. Routes: pacific to china C. C. sources of asian demand 26 October 2007 D. Outcomes E. Singlewhip ta x reform--- man y taes that each person would have to pay are consolidated into one tax payable in silver only Terms: Single-Whip tax system Tokugawa Shogunate (1603-1868) Ming dynasty (1368-1644) Qing dynasty (1644-1911) Benefits--- Spanish crown- silver coming to Iberian peninsula—Spanish is taking a cute Spanish is super power of Europe in 16 th century, not of asian – first place inflatition hits—where will hit worst Social instability in 1640s contributing to change of dynasty...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern