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Why did China's demand for silver rise dramatically during the sixteenth century?Why did China's demand for silver rise dramatically during the sixteenth century? Changes to the Chinese tax code required payments in silver.
What was the world historical importance of the silver trade?The silver trade was the first direct and sustained link between the Americas and Asia, and it initiated a web of Pacific commerce that grew steadily over the centuries. It transformed Spain and Japan, the two states that controlled the principal new sources of silver.
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.
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