James Thorup DBQ Essay 2A 11/22/10 The social and economic effects of the global flow of silver from the midsixteenth century to eighteenth century were: What the governments of Asia and Europe wanted, The way goods were transported and who does the transportation, and the Social status of peasants and elites. Documents 2, 7, & 8, demonstrated the impacts of global silver trade in the early modern period in what the governments of Asia and Europe wanted. An excellent example of what the governments of Asia and Europe wanted is document 2. The reason why is because document 2 tells that Europe wants goods from China and other Asian countries, and China/Japan wants silver from Europe. This is because Europe can’t make goods as well as China/Japan can, and so they pay China/Japan to obtain them. Document 8 is interested in addressing the flow of silver and goods, and where each is going, from and to Europe. The author is probably concerned with this because he’s a British scholar who’s grown accustomed to luxury and wishes for England to not ban it. Document 7 explains that Spain has tons of silver, and China wants to trade with them now. An additional document that would clarify document 7 would be a document by a Japanese Governing Official such as a Shogunate or a Bushi. This would tell us whether Japan is for or against trade like China is against it. Documents 3, 5, & 4, demonstrate the impacts of global silver trade in the early modern period by the way goods were transported, and who transports them. In document 3, in China, the Emperor was demanding silver for taxes, and not buying much to send it back out to the people. As a result of the frugal empire, the farmers, already poor, were becoming even poorer from the lack of profit. Many farmers quit farming seeking after more benefiting jobs. The reason why this transportation was important was that silver was being transported from the Philippines to Chinese for goods. This happens because China wants silver for taxes and Spain wants Chinese goods. Document 4 is explaining how much of the silver in Japan is going to Portugal to spend on luxuries in China (there’s a lot of silver going to Portugal). Document 4 is interested in transportation of the silver because he is a British merchant and would rather have the silver going to his home in Britain, than to the Portugese. Document 5 describes the conditions that the Chinese residents had to live in with having to pay silver for dying their cloth and not being able to barter or trade for what they needed. An additional Document that would clarify the opinions expressed by document 5 would be a document written by a cloth maker. This would help us understand if document 5 is telling the truth about the whip tax (the tax having to be paid in silver instead of livestock, agriculture, etc.) Documents 1, & 6 demonstrate the impacts of global silver trade in the early modern period by social status of peasants and elites. An excellent example of social status of peasants and elites is document 1. The reason why some people were poor in China was because some would spend lots of money on unnecessary luxuries, while people with enough money were just being frugal. China was interested in telling all Chinese to spend less so that they would have more silver for when the whip tax was needed to be payed. Document 6 explains the poor conditions that Native Americans have to work in to mine silver and ore for Spain, China, and the Phillipines. Document 6 is interested in addressing the poor conditions such as having to climb up ladders loaded down with as much ore as they could carry. of which Native Americans had to mine silver because he is a Spanish priest and as such is supposed to care about the welfare and well being of other people. The social and economic effects of the global flow of silver from the midsixteenth century to the early eighteenth century were: What the governments of Asia and Europe wanted, The way goods were transported and who does the transportation, and the Social status of peasants and elites.