HIST1083 Lecture Notes - Lecture 11: Little Ice Age, Melting Pot, State Monopoly

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23 Oct 2016
Asia in the World: 1500-1750
16th Century Perfect Storm
Huge demand
agricultural/ industrial production expands
Silver traded all over the world
Cargo ships affect size of trade
Melting pot
Mixture of people in poor cities
Textiles from India
Population Explosion
1500: 275m
1800: 625m
Party Crashers
Portuguese from 1498
Altered trade patterns
Private sector expansion
Joint stock companies
Vehicles for commercial expansion
Individually invested
East India Company (1600)
Government monopoly on trade
Businessmen who seek trade yet will use force to extract wealth
“Auspicio Regis et Senatus Angliae”
By command of the King and Parliament of England
Resources become scarce
Can lead to tension
Ming Decline
Weakened by inflation and overspending
Little Ice Age, famine, and food shortages
Response: Higher taxes
Later: deflation and money becomes scarce
Agricultural and business shrink
Natural disasters
Rise of (Manchu) Qing Dynasty
Non Chinese from North
Raise army and overthrow Ming
Farming community outside Great Wall
1644: Manchu defeat them
Traveling group of soldiers
Take advantage
Accept all newcomers for allies
tolerant as long as they recognize Manchu
Rule until 1911
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