The Spanish Empire, Silver, & Runaway Inflation

3:31 What are some aspects of Inca society that strengthened the empire?

1. 5:18 What resource did the Spanish find instead of gold, and how did they extract this resource?

5:53 What were the economic results of Spanish silver mining in the Americas?

8:17 What other country had a problem with inflation? How did they try to deal with it, and were they successful?

9:27 What were some effects of China’s new tax structure in the sixteenth century?

After you watch

Respond to this question: What were the overall global effects of Spanish silver mining?