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5 votes
5 votes
Describe the impact that silver had on European militaries.

User Ji Wei
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2 Answers

25 votes
25 votes
As supplies of silver decreased in Europe, Europeans had less ability to purchase highly coveted Chinese goods. Merchants were no longer able to sustain the China trade through profits made by selling Chinese goods in the West and were forced to take bullion out of circulation in Europe to buy goods in China.
User CptAJ
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17 votes
17 votes
As supplies of silver decreased in Europe, Europeans had less ability to purchase highly coveted Chinese goods. Merchants were no longer able to sustain the China trade through profits made by selling Chinese goods in the West and were forced to take bullion out of circulation in Europe to buy goods in China.
User Pensum
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