HIS 1001 Lecture Notes - Lecture 2: Manila Galleon, Zheng He, Main Source
Document Summary
Bridging world history unit 15 early global communities . Commodity raw material that is bought and sold (ex. Factories territories/ports where ships can come in; portugal had many of these during the 16th century. Manila galleon refers to fleet of ships that sailed between mexico and the philippines: many historians view this as an important beginning of global trade. Focus of the week: movement from regional to global trade. During 13th century, there were several regional trade networks. By the 16th century, global trade networks had been established. Integration of labor systems, migration, and new economic relationships. Proliferating difference some central regions became peripheral, and some peripheral regions become central. Led to differences between people based on access to certain commodities. Before 16th century, four main monetary substances were silver, gold, copper, shells. Demand for silver began in asia and drove global trade after 16th century.