Ual Value of Treasure, Mostly Silver, Imported from Spanish the Americas to Spain (Value estimates are measured In
silver pesos, Spaln's currency)
Which choice best explains how the developments shown in the graph changed global
economic activity over the course of the Early Modern Period?
96
A
The arrival of precious metals from the Americas to Russia caused trade
along the Silk Roads in Central Asia to decline.
The trade in precious metals in the Pacific led to the establishment of Swahili
city-states in Eastern Africa,
1501 1511 152 153 154 1551 1561 1571 158 159 160 161 162 163 164 1651
Ten-Year Periods
с
The decline of precious metal sources in Asia resulted in China increasingly
importing precious metals from the Americas.
Adapted from Earl J. Hamilton, The Quarterly Journal of Economics, May 1929
D
The profits from Spanish silver mines were used to pay for the creation of
large European settler colonies in southern Africa.