Social and Economic Effects of the Global Flow of Silver

mainland China, Spain, and atomic number 63 affected the global flow of flatware from the sixteenth century to the early(a) eighteenth century, socially and economically. China affected the global flow of fluid socially and economically. (Doc. s 1,3,5,7) In enrolment 1, the generator believes that a thrifty spell with only one bar of silver can settle for his wedding and still have something left over, but an extravagant man can have thousands and still not have enough. The author feels this panache because of his bias towards limiting wedding expenses as a county official.From this once could infer, that county officials during this while period did not care much for large, extravagant weddings because they thought them to be a waste of valuable silver. An additional document such as a farmers journal containing his views on wedding expenses would stand by one better understand a common persons views on the issue. In Document 3, the author is writing a draw to the Ming e mperor about the lowering grain prices and scarcity of silver coins. beginning grain production led to tillers of land receiving lower returns on the their labors, and little land being put into cultivation, thereby disrupting the economic flow of silver for labor or goods. This is important because it shows the dependence Chinas rescue put on silver. Document 5 describes the change in Chinas frugality. In the past, customers would trade livestock, food, or other goods in supersede for dyed clothes. In 1610, customers receive a bill which must be paid with silver. The author believes that silver has more value than the goods traded in the past, which is set forth in the authors essay, The Changing Times. The author feels this focal point because of the economy transformation from a barter economy to a money-based economy. In Document 7, the author believes that the 1626 ban of foreign trade should be repealed. The author feels this way because Spain is a foreign trade country that has large amounts of silver and pays in an elaborate way for pottery works and other goods that come from China. From this one could infer that the author might have been a merchant who wants the ban lifted to rent wealth in silver from Spain.