Global Flow Of Trade Dbq Analysis

The global flow of silver from the mid-sixteenth century to the early eighteenth century effected many different aspects of society including the economy and the social aspects of society. Economies ended up plummeting and Europe’s attitudes took a bad egotistic turn when it came to luxury goods, that's only some of the effects of the social and economic changes. The flow of trade increased the integration of Europeans in the globalization of trade around the world, which helped with the new economic activities with China presented now from changes.

Economic changes started to occur all around the world once the trade of silver globally began. For Spain, though they discovered the New World, their economy took a plunge as soon as they returned.