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Economy Of The Ming Dynasty
The economy of the Ming dynasty (1368–1644) of China was the largest in the world during that period. It is regarded as one of China's three major golden ages (the other two being the Han and Tang periods). The period was marked by the increasing political influence of the merchants, the gradual weakening of imperial rule, and technological advances. Currency The early Ming dynasty attempted to use paper currency, with outflows of bullion limited by its ban on private foreign commerce. Like its forebears, the currency experienced massive counterfeiting and hyperinflation. (In 1425, Ming notes were trading at about 0.014% of its original value under the Hongwu Emperor.) The notes remained in circulation as late as 1573 but their printing was ended in 1450. Minor coins were minted in base metals, but trade mostly occurred using silver ingots. As their purity and exact weight varied, they were treated as bullion and measured in tael. These privately made " sycee" f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Ingots In Ming 1
Gold is a chemical element with the Symbol (chemistry), symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a Brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under Standard conditions for temperature and pressure, standard conditions. Gold often occurs in Free element, free elemental (native state (metallurgy), native state), as Gold nugget, nuggets or grains, in Rock (geology), rocks, Vein (geology), veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sycee
A sycee (;.. from Cantonese , , ). or yuanbao () was a type of gold and silver ingot currency used in imperial China from its founding under the Qin dynasty until the fall of the Qing in the 20th century. Sycee were not made by a central bank or mint but by individual goldsmiths or silversmiths for local exchange; consequently, the shape and amount of extra detail on each ingot were highly variable. Square and oval shapes were common, but boat, flower, tortoise and others are known. Their value—like the value of the various silver coins and little pieces of silver in circulation at the end of the Qing dynasty—was determined by experienced moneyhandlers, who estimated the appropriate discount based on the purity of the silver and evaluated the weight in taels and the progressive decimal subdivisions of the tael ( mace, candareen, and cash). In present-day China, gold sycees remain a symbol of wealth and prosperity and are commonly depicted during the Chinese New Year fes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kingdom Of England
The Kingdom of England (, ) was a sovereign state on the island of Great Britain from 12 July 927, when it emerged from various Anglo-Saxon kingdoms, until 1 May 1707, when it united with Scotland to form the Kingdom of Great Britain. On 12 July 927, the various Anglo-Saxon kings swore their allegiance to Æthelstan of Wessex (), unifying most of modern England under a single king. In 1016, the kingdom became part of the North Sea Empire of Cnut the Great, a personal union between England, Denmark and Norway. The Norman conquest of England in 1066 led to the transfer of the English capital city and chief royal residence from the Anglo-Saxon one at Winchester to Westminster, and the City of London quickly established itself as England's largest and principal commercial centre. Histories of the kingdom of England from the Norman conquest of 1066 conventionally distinguish periods named after successive ruling dynasties: Norman (1066–1154), Plantagenet (1154–1485), Tudor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corvée
Corvée () is a form of unpaid, forced labour, that is intermittent in nature lasting for limited periods of time: typically for only a certain number of days' work each year. Statute labour is a corvée imposed by a state for the purposes of public works. As such it represents a form of levy (taxation). Unlike other forms of levy, such as a tithe, a corvée does not require the population to have land, crops or cash. The obligation for tenant farmers to perform corvée work for landlords on private landed estates was widespread throughout history before the Industrial Revolution. The term is most typically used in reference to medieval and early modern Europe, where work was often expected by a feudal landowner (of their vassals), or by a monarch of their subjects. The application of the term is not limited to that time or place; the corvée has existed in modern and ancient Egypt, ancient Sumer, ancient Rome, China, Japan, everywhere in continental Europe, the Incan civi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila Galleons
fil, Galyon ng Maynila , english_name = Manila Galleon , duration = From 1565 to 1815 (250 years) , venue = Between Manila and Acapulco , location = New Spain (Spanish Empire) (Current Mexico) , motive = Trading maritime route from East Indies to the Americas , organisers = Spanish Crown The Manila galleons ( es, Galeón de Manila; fil, Galyon ng Maynila) were Spanish trading ships which for two and a half centuries linked the Spanish Crown’s Viceroyalty of New Spain, based in Mexico City, with her Asian territories, collectively known as the Spanish East Indies, across the Pacific Ocean. The ships made one or two round-trip voyages per year between the ports of Acapulco and Manila. The name of the galleon changed to reflect the city that the ship sailed from. The term ''Manila galleon'' can also refer to the trade route itself between Acapulco and Manila, which lasted fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Potosí
Potosí, known as Villa Imperial de Potosí in the colonial period, is the capital city and a municipality of the Department of Potosí in Bolivia. It is one of the highest cities in the world at a nominal . For centuries, it was the location of the Spanish colonial silver mint. A considerable amount of the city's colonial architecture has been preserved in the historic center of the city, which - along with the globally important Cerro Rico de Potosí - are part of a designated UNESCO World Heritage Site. Potosí lies at the foot of the ''Cerro de Potosí'' —sometimes referred to as the ''Cerro Rico'' ("rich mountain")— a mountain popularly conceived of as being "made of" silver ore that dominates the city. The Cerro Rico is the reason for Potosí's historical importance since it was the major supply of silver for the Spanish Empire until Guanajuato in Mexico surpassed it in the 18th century. The silver was taken by llama and mule train to the Pacific coast, shipped north ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Empire
The Spanish Empire ( es, link=no, Imperio español), also known as the Hispanic Monarchy ( es, link=no, Monarquía Hispánica) or the Catholic Monarchy ( es, link=no, Monarquía Católica) was a colonial empire governed by Spain and its predecessor states between 1492 and 1976. One of the largest empires in history, it was, in conjunction with the Portuguese Empire, the first to usher the European Age of Discovery and achieve a global scale, controlling vast portions of the Americas, territories in Western Europe], Africa, and various islands in Spanish East Indies, Asia and Oceania. It was one of the most powerful empires of the early modern period, becoming the first empire known as "the empire on which the sun never sets", and reached its maximum extent in the 18th century. An important element in the formation of Spain's empire was the dynastic union between Isabella I of Castile and Ferdinand II of Aragon in 1469, known as the Catholic Monarchs, which in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dutch Republic
The United Provinces of the Netherlands, also known as the (Seven) United Provinces, officially as the Republic of the Seven United Netherlands (Dutch: ''Republiek der Zeven Verenigde Nederlanden''), and commonly referred to in historiography as the Dutch Republic, was a federal republic that existed from 1579, during the Dutch Revolt, to 1795 (the Batavian Revolution). It was a predecessor state of the Netherlands and the first fully independent Dutch nation state. The republic was established after seven Dutch provinces in the Spanish Netherlands revolted against rule by Spain. The provinces formed a mutual alliance against Spain in 1579 (the Union of Utrecht) and declared their independence in 1581 (the Act of Abjuration). It comprised Groningen, Frisia, Overijssel, Guelders, Utrecht, Holland and Zeeland. Although the state was small and contained only around 1.5 million inhabitants, it controlled a worldwide network of seafaring trade routes. Through its tradin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Empire
The Portuguese Empire ( pt, Império Português), also known as the Portuguese Overseas (''Ultramar Português'') or the Portuguese Colonial Empire (''Império Colonial Português''), was composed of the overseas colonies, factories, and the later overseas territories governed by Portugal. It was one of the longest-lived empires in European history, lasting almost six centuries from the conquest of Ceuta in North Africa, in 1415, to the transfer of sovereignty over Macau to China in 1999. The empire began in the 15th century, and from the early 16th century it stretched across the globe, with bases in North and South America, Africa, and various regions of Asia and Oceania. The Portuguese Empire originated at the beginning of the Age of Discovery, and the power and influence of the Kingdom of Portugal would eventually expand across the globe. In the wake of the Reconquista, Portuguese sailors began exploring the coast of Africa and the Atlantic archipelagos in 1418–1419, u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashikaga Shogunate
The , also known as the , was the feudal military government of Japan during the Muromachi period from 1336 to 1573.Nussbaum, Louis-Frédéric. (2005)"''Muromachi-jidai''"in ''Japan Encyclopedia'', p. 669. The Ashikaga shogunate was established when Ashikaga Takauji was appointed ''Shōgun'' after overthrowing the Kenmu Restoration shortly after having overthrown the Kamakura shogunate in support of Emperor Go-Daigo. The Ashikaga clan governed Japan from the Imperial capital of Heian-kyō (Kyoto) as ''de facto'' military dictators along with the ''daimyō'' lords of the ''samurai'' class. The Ashikaga shogunate began the Nanboku-chō period between the Pro-Ashikaga Northern Court in Kyoto and the Pro-Go-Daigo Southern Court in Yoshino until the South conceded to the North in 1392. The Ashikaga shogunate collapsed upon outbreak of the Ōnin War in 1467, entering a state of constant civil war known as the Sengoku period, and was finally dissolved when ''Shōgun'' Ashikaga Y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cambridge, England
Cambridge ( ) is a university city and the county town in Cambridgeshire, England. It is located on the River Cam approximately north of London. As of the 2021 United Kingdom census, the population of Cambridge was 145,700. Cambridge became an important trading centre during the Roman and Viking ages, and there is archaeological evidence of settlement in the area as early as the Bronze Age. The first town charters were granted in the 12th century, although modern city status was not officially conferred until 1951. The city is most famous as the home of the University of Cambridge, which was founded in 1209 and consistently ranks among the best universities in the world. The buildings of the university include King's College Chapel, Cavendish Laboratory, and the Cambridge University Library, one of the largest legal deposit libraries in the world. The city's skyline is dominated by several college buildings, along with the spire of the Our Lady and the English Martyrs Chu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barter
In trade, barter (derived from ''baretor'') is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Economists distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce. No ethnographic studies have shown that any present or past society has used barter without any other medium of exchange or measurement, and an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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