After the Black Death, global economics was only able to establish again because of China’s economy. They were the reason commerce rebounded which expanded the economy tremendously in Asia. They were able to gain silver from merchants which replaced the paper money the previous predecessors had used. This became essential to the Ming monetary system. China was the only country that became the final repository of the world’s silver. Asia’s geographical areas helped make them superior to Europe because many Asian nations were the center of trade routes. The Americas were superior because unlike the Europeans they had learned to survive on resources from their land. They were able to mine silver and gold. Sugar was also a valuable export from the Americas. The value of sugar surpassed silver as an export from the Americas to Europe.
The Americas were inferior to Europe because they did not have the technological resources or man power as the Europeans. Their weak immunity to the diseases brought from the Europeans put them to disadvantage which lead to catastrophic decline in