Silver Trade becomes a big Factor (1 jan 1500 ano – 1 jan 1800 ano)

Descrição:

Even more than the spice trade of Eurasia, the silver trade gave birth to a genuinely global network of exchange. The mid-sixteenth-century discovery of enormously rich silver deposits in Bolivia and simultaneously in Japan suddenly provided a vastly increased supply of that precious metal. Spanish America produced almost 85 percent of the world’s silver during the early modern era. Spain’s only Asian colony, the Philippines, provided a critical link. This emerging network of global commerce. Manila, the colonial capital of the Philippines, was the destination of annual Spanish shipments of silver, which were drawn from the rich mines of Bolivia, transported initially to Acapulco in Mexico, and shipped across the Pacific to the Philippines. This trade was the first direct and sustained link between the Americas and Asia.

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