Commodities during the Late Agrarian Era
Marilyn Parker
There were lots of commodities traded all over the world. A lot of them had great benefits to the people who were getting them. Sometimes those people even came up with new ideas for them. In short, commodities were an important part of the world’s history. There were several different groups of commodities traded between 1500 and 1800. There will be three focused on here. These commodities are The Columbian Exchange, Silver Circuit, and Local and Bulk Goods. Each of these had many ideas and cultural ideas attached to them. First, The Columbian Exchange was a big exchange of various commodities between Christopher Columbus and the Americans. They exchange crops, livestock, and …show more content…
A mountain of silver was discovered in Peru by the Spanish around the 1540s. China is the main spot in the global network of trade and exchange. They had originally got some silver from the Japanese silver mines, but it wasn’t enough. The silver in Peru at the time was being given to Spanish crown. The crown used this money for several things as did several other groups of people. The troops were paid. Food and clothes were bought. Chinese goods were paid for. In the meantime the silver was also being used for something else. It was used to back the spanish trade of goods from the Chinese. This caused inflation in various places. In also caused several other things to happen as well. Europe had higher prices than china and it drew the Ottoman merchants attention. They had been forced to trade on the black market. However, all good things must come to an end. The mine eventually started failing. This caused a decline in the spanish government along with deflation. This ended up causing harder times for …show more content…
The one commodity that is the most important to me is the Columbian Exchange. It had the greatest cultural impact, as well as ideological. A lot of good things came out of this exchange. We now have meat that without the Europeans would never have had. We now have wheat. You may not think about it, but a lot of the food we eat today came from this exchange. The Americas not only helped out the rest of the world by giving them some of their crops like corn, tomatoes, potatoes, etc., but they also gained a lot of good food in return. I know that I am one of a bunch of people who love to cook with spices. Without this exchange, we would have some pretty bland food. Also, can you imagine not having sugar. This was another important product of the exchange. In my opinion, without this exchange we would be a vastly different world
Marilyn Parker
There were lots of commodities traded all over the world. A lot of them had great benefits to the people who were getting them. Sometimes those people even came up with new ideas for them. In short, commodities were an important part of the world’s history. There were several different groups of commodities traded between 1500 and 1800. There will be three focused on here. These commodities are The Columbian Exchange, Silver Circuit, and Local and Bulk Goods. Each of these had many ideas and cultural ideas attached to them. First, The Columbian Exchange was a big exchange of various commodities between Christopher Columbus and the Americans. They exchange crops, livestock, and …show more content…
A mountain of silver was discovered in Peru by the Spanish around the 1540s. China is the main spot in the global network of trade and exchange. They had originally got some silver from the Japanese silver mines, but it wasn’t enough. The silver in Peru at the time was being given to Spanish crown. The crown used this money for several things as did several other groups of people. The troops were paid. Food and clothes were bought. Chinese goods were paid for. In the meantime the silver was also being used for something else. It was used to back the spanish trade of goods from the Chinese. This caused inflation in various places. In also caused several other things to happen as well. Europe had higher prices than china and it drew the Ottoman merchants attention. They had been forced to trade on the black market. However, all good things must come to an end. The mine eventually started failing. This caused a decline in the spanish government along with deflation. This ended up causing harder times for …show more content…
The one commodity that is the most important to me is the Columbian Exchange. It had the greatest cultural impact, as well as ideological. A lot of good things came out of this exchange. We now have meat that without the Europeans would never have had. We now have wheat. You may not think about it, but a lot of the food we eat today came from this exchange. The Americas not only helped out the rest of the world by giving them some of their crops like corn, tomatoes, potatoes, etc., but they also gained a lot of good food in return. I know that I am one of a bunch of people who love to cook with spices. Without this exchange, we would have some pretty bland food. Also, can you imagine not having sugar. This was another important product of the exchange. In my opinion, without this exchange we would be a vastly different world