The Spanish Empire, Silver, & Runaway Inflation: Crash Course World History #25
The Spanish Empire, Silver, & Runaway Inflation: Crash Course World History #25
The Spanish went looking for gold in the Americas, but they found silver. This video explores the how Spanish silver mining, Aztec and Incan society, and Chinese economics changed the world economy.
Key Ideas
As this video progresses, key ideas will be introduced to invoke discussion.
Key Ideas
Think about the following questions as you watch the video
- 03:31 What are some aspects of Inca society that strengthened the Empire?
- 05:18 What resource did the Spanish find instead of gold, and how did they extract this resource?
- 05:53 What were the economic results of Spanish silver mining in the Americas?
- 08:17 What other country had a problem with inflation? How did they try to deal with it, and were they successful?
- 09:27 What were some effects of China’s new tax structure in the sixteenth century?