stephaniedbq4

The Chinese, British, and Spanish were each influenced by the social and economic effects on the flow of silver. An appropriate additional document would be another British document with some more economic effects. This would be appropriate because all of the British documents given were not the most helpful when determining the economic effect of the flow of silver. The Chinese were socially effected by the global flow of silver by country officials having to issue orders limiting wedding expenses.(document 1). It was stated that a man with little silver would have some silver left when a man with extravagant amounts would be left with not enough. This is a rather confusing statement yet a basic understanding might be that man with little money when a man with large amounts of money goes over the top. Another way the Chinese were socially effected was dye shops used to allow customers to have numerous amounts of clothes dyed, before charging them. (document 5). Most customers paid in rice, wheat, or soy beans, etc. but later on to get clothes dyed you received a bill which was only paid in silver. The Chinese were economically effected by the Spanish having silver mountains. (document 7). Chinese got silk yarn worth 100 bars of silver to be sold at 200 to 300 bars in the Philippines. They were also economically effected by poor harvests due to the scarcity of the silver coin. (document 3). The government requires silver for taxes, but dispurses little silver in its expenders. The British were socially effected by the global flow of silver, when a british merchant travels to the east Indies and becomes effected by the portugese using Japanese silver to their great advantage in china.(document 4). In document 8 an English scholar writes an essay regarding the debate on a bill in Parliament to restrict Indian textiles in 1697. yet it would never be advisable for England to quit trade with India, for their luxuries, and leave it to any other nation. The Spanish were socially effected with the global flow of silver when a great amount of silver was taken from their mines, that paid no 20 percent of the tax or registry fee, and to other countries outside Spain including china. (document 6). The high prices ruined Spain economically, the prices were attracting asian goods, and silver currency flowed out for Spain.(document 2). Additional documents on the economical effects it had on Spain would be appropriate.