AP World
Period 3
January 8,2014
Chapter 15 IDs
Chapter Thesis
During the early modern era, the global economy was marked by slave trade across the Atlantic, plantations in the Americas, silver commerce between the new and old worlds, and fur trade in Europe and Asia.
African diaspora- The transatlantic spread of African peoples through the Atlantic slave trade during the post-Columbian era. The spread of African people into new societies (the Americas) sparked issues of race that still endure today (social). This also introduced African culture, religious ideas, music, art, cuisine, into the making of American cultures (cultural).
Banda Islands- Islands famous for nutmeg. The motive for the Dutch conquest of these islands …show more content…
This coin was used by North American, European, Indian, Russian, and West African merchants as a medium of exchange (economic). Circulated widely in southern China by 1600, and remained naturally in China. Most silver as a result ended up in China and other parts of Asia. Represents the importance of silver in global commerce, illustrates how silver was one of the first commodities to be exchanged globally.
Potosí- City that arose in Bolivia, where one of the world’s largest silver mines was located. This city used to be a barren place in the Andes, but arose because of the attraction of silver (economic). Became the largest city in the Americas, rivaling the size of London or Amsterdam. Wealthy Europeans lived there while natives worked in horrendous conditions in the silver mines (social, cultural).
“silver drain”- Process where nearly all of the world’s silver ended up in China and other parts of Asia. Multiple routes led to China due to the intense desire for Chinese commodities in exchange for silver (economic). “soft gold”- the precious and highly-desired fur pelts in Siberia during the 16th and 17th centuries. There was a large market for these pelts in both China and Europe, which enriched the Russian state and private hunters …show more content…
The Portuguese only succeeded in controlling half of the spice trade to Europe, which declined by 1600. The Portuguese attempted to control trade routes of the Indian Ocean by setting up a trading post empire. The Spanish ruled over the Philippine islands directly, converted the population to Christianity and set up large estates. The Dutch and British organized private trading companies that obtained charters that allowed them to establish trading monopolies, make war, and govern conquered people. The countries competed against one another. The Dutch controlled some Spice Islands while the British set up trading centers in India. The Dutch controlled the shipping and production of spices, killed/enslaved.starved the population on the Banda Islands. The British specialized in Indian textiles. The silver trade linked the new and old words, was a key commodity in long-distance trade, and offered Europeans a product they could produce. The fur trade enhanced influence/authority for Native American leaders, ensured some protection for natives. Also, led to exposing natives to European disease, and made them dependent on European commodities. Also brought alcohol into their societies. The North American and Siberian fur trades both were driven by