ERICDBQ4

Many people had negative and positive economic effects and also social, due to global flow of silver during the mid-sixteenth century to the early eighteenth century. An additional document that could influence greatly would be that of an Indian in the mines, because they were affected both socially and economically during the global flow of silver. Many had lack of silver coins (document 1, 3, 7) due to the great struggle to obtain silver coins, while others had their coins taken away and left with nothing (6). But both had negative economic affects. Document 1 relates to thesis because he has a negative economic affect therefore in which he limits his wedding expenses. His point of view is very reliable because he orders to limit his wedding expenses. Document 3 also shows negative economic effects because it speaks of the court officials and their struggles to obtain silver coins. Therefore relates to the thesis. Document 7 also talks about their frustration of trading and all receiving is silver coins. While in document 6 the struggle is between the Indians working in the mines that are forced to give their silver away and left to close to nothing, therefore making their view a negative connotation towards economics. Some positive views toward economics include document 4, 7, 8, which talk of Japanese and Europeans being gifted with luxuries. Document 4 talked of how Japanese received many luxuries while all the Portuguese received was silver coins, this relates to the thesis because Japanese were economically pleased with the silver coin affect therefore having a positive view of things. Document 7 speaks of Europe as filled with luxuries therefore having a positive view of economics. Document 8 also talks of Europe as filled with luxuries and as clearly seen relating to the thesis, because they viewed economics positively in every way. Charles D’ Avenant’s point of view might not be as reliable as a European himself because he is the one making silver and saying Europeans have all their luxuries. The silver currency affected many socially because in the past some charge with rice, chicken, etc. (document 5) and paved their streets by exchanging goods (document 2). Document 5 shows how dye shops allowed customers to pay with goods, but now all they received was a bill, therefore relating to the thesis socially. Xu Dunqui Ming’s point of view in this situation is very reliable because he is a writer of his observations in the commercial city of Manzhou. Document 2 relates to the thesis because they speak of not being able to have their streets paved with beautiful granite because if the lack of silver coins, obviously affecting them socially in the city’s landscapes view.