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Journal of World History Vol. 6, No. 2 (Fall, 1995) , pp. 201-221 (21 pages) Published By: University of Hawai'i Press https://www.jstor.org/stable/20078638 Read and download Log in through your school or library Read Online (Free) relies on page scans, which are not currently available to screen readers. To access this article, please contact JSTOR User Support. We'll provide a PDF copy for your screen reader.With a personal account, you can read up to 100 articles each month for free. Get StartedAlready have an account? Log in Monthly Plan
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Abstract Global trade emerged with the founding of Manila in 1571, at which time all important populated continents began to exchange products continuously. The silver market was key to this process. China became the dominant buyer because both its fiscal and monetary systems had converted to a silver standard; the value of silver in China surged to double its worth in the rest of the world. Microeconomic analysis leads to startling conclusions. Both Tokugawa Japan and the Spanish empire were financed by mining profits--profits that would not have existed in the absence of end-customer China. Europeans were physically present in early modern Asia, but the economic impact of China on Western lands was far greater than any European influence on Asia. Journal Information Devoted to historical analysis from a global point of view, the Journal of World History features a range of comparative and cross-cultural scholarship and encourages research on forces that work their influences across cultures and civilizations. Themes examined include large-scale population movements and economic fluctuations; cross-cultural transfers of technology; the spread of infectious diseases; long-distance trade; and the spread of religious faiths, ideas, and ideals. Individual subscription is by membership in the World History Association. Publisher Information Since its establishment in 1947, University of Hawai'i Press has published over 2,000 books and over 900 journal issues. Within the worldwide scholarly community, University of Hawai'i Press is recognized as a leading publisher of books and journals in Asian, Asian American, and Pacific studies. Disciplines covered include the arts, history, language, literature, natural science, philosophy, religion, and the social sciences. The University of Hawai'i Press also serves as a distributor for more than 140 scholarly publishers in North America, Asia, the Pacific, and elsewhere. Rights & Usage This item is part of a JSTOR
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Which of the following helped destabilize the Ottoman Empire during the 17th century?Which of the following helped to destabilize the Ottoman Empire during the seventeenth century? Military campaigns and a growing population strained the empire's resources.
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Which of the following accurately describes the role of silver in early seventeenth-century china?
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