From 1500 to 1750, Japan as well as the Spanish Colonial America took control of the

silver production. The government would take people’s money by obligating them to pay tax

fees and domestic services in silver. By doing so it caused several issues to disperse both

economically and socially. Individuals began to struggle financially because of the government’s

necessity towards their silver (documents 3, 5, and 6). High officials also felt the need to take

the people’s money in order to benefit them and the population itself became obsessed in

obtaining luxurious items; they both grew to become greedy (documents 1, 7, and 8) and trade

was economically impacted as well (documents 2 and 4).

In documents 3, 5, and 6 showed that …show more content…
Chunji was a county official who wanted

people to reflect Buddhism and Confucianism because he claims that people will never be

satisfied no matter how much of the luxurious items they had because they would always keep

wanting more and it quickly turned into greediness. Ye Chunji was a high positioned man who

lived a well lifestyle compared to those living in that dynasty, because of this he did not know

how an individual living under the needy government felt when they have to struggle for

everyday survival. Not only did the population turn into this needy perspective, the government

did so as well. He Qiaoyauan (document 7) tells how he reports back to the high officials and

tells them that they should open the foreign trade back up so they can make a profit out of it.

He goes on to say that China could be able to produce a product for a low price and make more

money out of it by selling it for a higher price, as stated, “Chinese silk yarn worth 100 bars of

silver can be sold in the Philippines at a price of 200 to 300 bars of silver there.” In document 8,

it spoke about the debate on the bill in parliament to restrict Indian textiles because they