What was the significance of the silver trade in the early modern era of world history?

  • Flashcards

  • Learn

  • Test

  • Match

Terms in this set (15)

• The Dutch acted to control not only the shipping but also the production of cloves, cinnamon, nutmeg, and mace. With much bloodshed, the Dutch seized control of a number of small spice-producing islands, forcing their people to sell only to the Dutch.
• On the Banda Islands, the Dutch killed, enslaved, or left to starve virtually the entire population and then replaced them with Dutch planters, using a slave labor force to produce the nutmeg crop.
•Ultimately, the local economy of the Spice Islands was shattered by Dutch policies, and the people there were impoverished.
• The British established three major trading settlements in India during the seventeenth century: Bombay, Calcutta, and Madras. They secured their trading bases with the permission of Mughal authorities or local rulers.
• British traders came to specialize in Indian cotton textiles, and hundreds of villages in the interior of southern India became specialized producers for the British market.

• Europeans for the first time operated on a global scale, forging new trade networks across the Atlantic and Pacific oceans.
• They also facilitated the full integration of fur-supplying regions into wider trade networks.
• But in other ways, the Europeans assimilated older patterns, as in the Indian Ocean, where they sought to dominate previously established trade routes, and they continued to trade many of the same products.
14. Describe and account for the differing outcomes of European expansion in the Americas (see Chapter 14), Africa, and Asia.
• In the Americas, Europeans conquered the region politically and dominated it economically. The primary reasons for this were the devastation caused to Native American populations by European diseases and the technological advantages that Europeans possessed when they arrived.
• In Africa, Europeans established much stronger trade relationships and set up several trading posts on the east coast of Africa. However, they made no effort to conquer large territories, in large part because the most attractive regions for European conquest, such as West Africa, possessed too many deadly tropical diseases against which Europeans had little immunity.
• In Asia, Europeans (aside from the Spanish, who succeeded in establishing a colonial state in the Philippines) sought to found trading post empires, with mixed success. The Dutch were able to dominate several Spice Islands, and both the British and the Portuguese were able to set up fortified trading posts along the Indian Ocean coast. But none of these powers ever tried to conquer large territories, and in some cases, such as in Japan, the Europeans were only able to trade under conditions set by the local authorities. These developments show that, while the Spanish and Dutch were able to dominate relatively small regions, the larger established civilizations of Asia were too powerful for the Europeans to hope to rule, and in any case the great distances between Asia and Europe made such a colonial empire impractical.

Sets with similar terms

Sets found in the same folder

Other sets by this creator

Verified questions

WORLD HISTORY

Verified answer

WORLD HISTORY

Verified answer

WORLD HISTORY

Verified answer

WORLD HISTORY

Verified answer

Recommended textbook solutions

What was the significance of the silver trade in the early modern era of world history?

What was the significance of the silver trade in the early modern era of world history?

What was the significance of the silver trade in the early modern era of world history?

What was the significance of the silver trade in the early modern era of world history?

Other Quizlet sets

Related questions

Nội dung chính

  • What was the significance of the silver trade in the early modern era?
  • What was the significance of the silver trade in the early modern era of world history in Chapter 14?
  • What was the significance of the silver trade on European empires in the early modern era of world history?
  • What was the global importance of the silver trade?

Home

Subjects

Expert solutions

Create

Log in

Sign up

Upgrade to remove ads

Only SGD 41.99/year

  • Flashcards

  • Learn

  • Test

  • Match

  • Flashcards

  • Learn

  • Test

  • Match

Terms in this set (53)

What is the relationship between Europeans and Africans in the Atlantic slave trade?

The Image shows that the Europeans ruled over the Africans, but the Africans have a say so in what takes place. They negotiated.

In what ways did global commerce transform human societies and the lives of individuals during the early modern era?

Global commerce created new trade networks across the Atlantic and Pacific oceans, brought large numbers of africans to the Americas, caused large scale slavery, and created access to new technology.

What drove european involvement in the world of asian commerce?

They wanted Asian goods, resented the Muslim and venetians monopoly and ran out of money to pay for asian goods. Desire for tropical spices.

Why was Europe just beginning to participate in global commerce during the sixteenth century?

Europeans had just recovered from the Black Death. They were learning how to tax their subjects more effectively and build stronger military forces.

Why did europeans control less territory in the Indian Ocean basin than they did in america?

Europeans had limited territorial control, trade was the biggest conern in Asia while they claimed most of the Western Hemisphere because of war.

To what extent did the portuguese realize their goals in the indian ocean?

The portugese learned that most indian ocean merchant ships were not heavily armed and they took advantage of it to dominate and set up fortified bases.

Explain views toward native american workers in the indian ocean spice trade.

Native American workers could be viewed as slaves or field workers manufacturing spice production.

How did the goals and actions of the portuguese, spanish, dutch, and british in asia differ?

Portugese tried to monopolize spice trade, but transported asian goods. Spanish established philippine islands, Dutch overtook by force and organized into private trading and the British conquered india for cotton textiles by forceful trading companies.

Vasco da Gama

the first European to reach India by sea sailing around the tip of Africa.

Prester John

Chrisitan monarch ruled in Asia or Africa

trading post empire

Portugese created this to control commerce

Phillipines (Philip II)

ruled islands that established a portugesr style trading empire

Ferdinand Magellan

Portuguese navigator who led the Spanish expedition of 1519-1522 that was the first to sail around the world.

Manilla

Capital of Philippines

To what extent did the British and Dutch trading companies change the societies they encountered in Asia?

The Dutch seized control of a number of Small spice producing islands, forcing them to only sell to the dutch and destroying crops of those who refused.

How did europeans view themselves in their trade relationship with asian societies?

Europeans believed they were superior and Asian societies werent as civilized

In what ways did asian political authority and economic activity persist in the face of european intrusion?

Japanese traders began to operate in Southeast Asia. They welcomed european newcomers. Japan was plagued by endemic conflict by numerous feudal lords.

Daiymo

Feudal lords

Shogun

Supreme military commander

Tokugawa

the last feudal Japanese military government

What role did silver play in global trade? Why did the majority of silver end up in spain and china?

silver was a financial catalyst, spain controlled much of the silver, China was a storehouse for silver.

What was the significance of the silver trade in the early modern era of world history?

Silver was the first link between the Americas, transformed Spain as leading source.

What was true about the labor system used at silver mine in Potosi?

Shows division of labor

How were the effects of the silver trade different for Japan and Spain?

Allowed spain to conquer the Americas, Spanish was very restrictive, prices were largely inflationary.

How did the impact of silver on China differ from its impact on Spain and Japan?

In China, forced more people to be integrated into it.

Silver Drain

Silver supply moved to China and Asia

Piece of eight

Silver coin used as medium of exchange

Potosi

Arose from barren landscape in Andes

Describe the impact of the fur trade on North American Native societies.

Brought goods of real value to trade, enhanced influence of some native leaders, and became dependent on european goods.

Explain how geography impacted the North American Fur Trade.

The system of rivers, lakes, and mountains determined main outlines of expansion and competition between rivals.

How did European trade goods impact native societies?

Increased warfare between tribes, Native American societies became more competitive.

Compare the social and environmental effects of the spice trade in Asia with those of the fur trade in North America.

near extinction of multiple species and loss of forests

How did womens lives change because of the global fur trade?

women found a new source for husbands

Explain how fur assisted Russian diplomatic efforts.

encouraged negotiations

How did the North American and Siberian fur trades differ from each other? What did they have in common?

Both driven by demands of world market, both suffered diseases, but they differed in trading.

What differences can you identify among spice, silver, and fur trade?

Fur (widespread effect), silver (fueled global commerce), fur trade was not closely associated with the spice and silver trade because not as many people fur trapped.

Transatlantic Slave Trade

Trading of slaves from Africa to the Americas

Africa Diaspora

Name given to the spread of African peoples across the Atlantic via the slave trade.

Where were most of the African slaves taken to in the americas? Why were they brought to these regions?

Most African slaves were taken to the West Indies due to plantation complex of the Americas.

What was distinctive about the Atlantic slave trade as compared to other systems of forced labor? What did it share with other patterns of slave owning and slave trading?

Atlantic slave trade had immense size of traffic in slaves, its important to the economies of colonial america, treatment of slaves formed as dehumanized property.

How did slavery in the Islamic world differ from Atlantic Slavery?

European demand for slaves was main cause of trade, entire enterprise was in european hands.

What explains the rise of the Atlantic slave trade?

The growth of sugar plantations and agriculture made for a need in slaves to work.

What roles did Europeans and Africans play in the unfolding of the Atlantic slave trade?

Europeans needed cheap labor and Africans began to sell slaves to them. Africans then started to capture and sell their own people.

Describe conditions on slave ships sailing on the Middle Passage.

Crammed together in a small space, no food, most caught diseases and died.

What best explains the rapid growth in the slave trade leading up to 1800? What explains the steep drop in slave trade after 1850? Where did majority of African slaves end up? What best explains this trend?

The demand for laborers for the plantations led to rise in slavery. majority of african slaves ended up in Brazil and the Caribbean, labor demands of plantation economy were intense there.

Maroon societies

free communities of former slaves

Palmares

largest settlement of maroon society

Signares

women involved in cross cultural marriages

In what ways did the Atlantic slave trade transform African societies?

Created new transregional linkages, Africa became permanent part of interacting

Explain how signatures expressed their wealth and power

Dressing in expensive imported textiles and accompanied by their slaves

Queen Nzinga of Ndongo

Gained reputation for resistance to portugese imperialism

Benin

Avoided involvement in trade, diversified exports

Dahomey

vigorous involvement in trade under strict royal control

Sets with similar terms

Chapter 15 Review Test

35 terms

jacob_dmitrovsky

Chapter 14 WHAP Short Answers

15 terms

anniesawr

chapter 15

15 terms

Shreyas_Karki

Chapter 15 Margin Review

18 terms

Hamza_Shahzad

Sets found in the same folder

Chapter 8: Atlantic Revolutions, Global Echoes 175…

39 terms

Jgoroff

APWH- Chapter 15

24 terms

naenae3693

Chapter 6 World History AP

41 terms

madpha1

Chapter 9: Revolutions of Industrialization 1750-1…

40 terms

Jgoroff

Other sets by this creator

Dosage Conversions

9 terms

MashaylaBrown

AP Gov Ch. 16 Judical Branch F.I.B

54 terms

MashaylaBrown

Ap Gov Ch. 15 Bureaucracy F.I.B

35 terms

MashaylaBrown

Chapter 14 The Presidency

67 terms

MashaylaBrown

Recommended textbook solutions

Social Studies American History: Reconstruction to the Present Guided Reading Workbook

1st EditionHOUGHTON MIFFLIN HARCOURT

1,031 solutions

World History and Geography Student

1st EditionMcGraw-Hill

1,670 solutions

World History and Geography Student

1st EditionMcGraw-Hill

1,670 solutions

World History and Geography: Modern Times

1st EditionJackson J. Spielvogel

736 solutions

Other Quizlet sets

Wheelock Latin Ovid Pyramus and Thisbe Story Trans…

28 terms

evianna2005

CHAPTER 14 SELF ASSESMENT PT.1

20 terms

Ty_1738

Disorders of Platelets, hemostasis, and coagulation

37 terms

cheyennecase1

test 2 bacteriology

34 terms

study_bug16

Related questions

QUESTION

In the fifteenth century, why did Portuguese slave traders make commercial treaties with African rulers on the West African coast rather than invade their kingdoms and take war captives?

15 answers

QUESTION

In 1963, what Alabama governor made his "stand in the schoolhouse door," blocking the admission of black students to the University of Alabama?

2 answers

QUESTION

The hymn, "Lift Ev'ry Voice and Sing," by James Weldon Johnson, was meant to celebrate whose birthday

9 answers

QUESTION

According to Episode 2 of Racism: A History, which theory, derived from Charles Darwin's The Origin of the Species supported British imperialism?

5 answers

What was the significance of the silver trade in the early modern era?

In fact, many scholars consider the silver trade to mark the beginning of a genuinely global economy, with one historian noting that silver "went round the world and made the world go round." Although global, much of that silver ended up in the hands of the Chinese, as they accepted it as a form of currency.

What was the significance of the silver trade in the early modern era of world history in Chapter 14?

What was the significance of the silver trade in the early modern era of world history? Silver was the first link between the Americas, transformed Spain as leading source.

What was the significance of the silver trade on European empires in the early modern era of world history?

the silver trade? It was the first direct and sustained link between Asia and the Americas, initiating a web of commerce that gradually grew over centuries. It became a key commodity in world trade, as Europe finally had something that everybody around the world wanted.

What was the global importance of the silver trade?

Silver was paramount to East Asia's introduction into the global trade market. Under the Ming and Qing empires, China hoarded silver to boost its economy and increase its trading power. Many historians argue that silver was responsible for the birth of global economics and trade.

Why was silver important for early modern trade?

Hence silver became of high value because it was a valid currency that could be processed abroad. The bimetallic ratio of silver to gold was about two to one, which meant that European and Japanese merchants made a large amount of profit.

How did the silver trade impact the world?

The devaluation of silver in China had a devastating financial effect on Spain as well — a fact that allowed its European competitors to gain the upper hand in a new global trade focused on sugar, tobacco, gold, and slaves."

Why was silver so important in history?

Silver—like gold—was treasured by many cultures, and it's uses ranged from ornamental to medicinal. Many wealthy families owned silver utensils, jewelry, religious talismans, and decor. Silver was also used as currency, in trade, and for the payment of debts. A gift of silver was seen as a symbol of trust and love.