Class Notes (836,380)
United States (324,486)
Boston College (3,565)
History (453)
HIST 1005 (13)
Lecture

October 28th.docx

2 Pages
89 Views
Unlock Document

Department
History
Course
HIST 1005
Professor
Shayne Clarke
Semester
Fall

Description
October 28 , 2013 Silver made the world go round The global trade connections shut down for a while when the Chinese refused to continue its  tributary relationship with Japan Shut down until 1581 when Manila entered the equation Bolivia (Potomi) ­> Mexico ­> Philippines (Manila) ­> China Global trade was not determined by the discovery of the Americas, the Asian trading network long  dominated the silver markets Centers of silver supply and demand were both located in Asia before silver was produced for  export in the Americas Mongols invented paper money Trade along Chinese coastline is very susceptible to piracy so that’s why trade was shut down a  little bit Still needed silver though Ryukyu was very important (area of Okinawa) Chinese traders would go to that island, Japanese traders would meet them there and trade Japanese needed to free themselves from that tributary relationship The trading system and economically sound system of the Philippines was well established before  the Spanish arrived there In the early 1600s there’s an uprising of Chinese workers in the city of Manila and in return the  Spanish killed all the rioting Chinese in a massive massacre China sucks in silver from around the world because it needs it for its currency and medium of  trade Since there was a great inc
More Less

Related notes for HIST 1005

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit