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How Did Spain Make Money?

How Did Spain Make Money?. Manila Galleon Trade. 1565 - 1815. How Did Spain Make Money?. Taxation (taxes was for the colonial government) Only 5% of taxes was used for education, or social improvement. 250 Years of Economic Stagnation. Changes Come in the 1800s.

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How Did Spain Make Money?

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  1. How Did Spain Make Money?

  2. Manila Galleon Trade 1565 - 1815

  3. How Did Spain Make Money? • Taxation (taxes was for the colonial government) • Only 5% of taxes was used for education, or social improvement

  4. 250 Years of Economic Stagnation

  5. Changes Come in the 1800s • Plug in to the Global Economy

  6. British-Chinese Colony flying a Spanish Flag

  7. Economic Changes = Social Changes • Land becomes more valuable because of the new economy

  8. Friar Estates • Religious Orders are long standing • Donations • Creditors

  9. Marriage Made in Heaven • Principio Families (opportunity but lacking know how) • Chinese (Have the know how but no opportunity) • Mestizos (owned land, managed Friar estates)

  10. Qing Dynasty 1644-1912 “The Manchus were more successful as inheritors than as innovators; it was not in them to remake the Chinese scheme of things.”

  11. The Chinese men are required to wear the queue.

  12. Qing Dynasty 1644-1912 The Strength of Qing was in the reign of three emperors that spanned almost 150 years (from 1662-1796).

  13. Qianlong Era (1736 – 1799)

  14. 1700 – 138 Million 1800 – 300 Million

  15. YEAR POPULATION LAND • 1741 143 million 91 Acres 2/3 • 1850 430 million 122 Acres 1/4 • 200% change 35% change

  16. 60% of the land is owned by a relatively few rich landlords • 10% of the land belongs to the government • 30% or the land for more than 400 million people

  17. Hong Xiuquan (1814-1864)

  18. January 1850 Taiping “Great Peace” • Ten Commandments • No private property • Women equal to men • Social System

  19. The Guinness Book of World Records calls this the "bloodiest civil war" with some 20 million estimated dead.

  20. Chinese Run Mines • 1900 - 90% • 1920 – 64% • 1930 – 39%

  21. 19th Century - 5 million Chinese immigrate to Malaya • 1900-1942 - 12 million Chinese immigrate to Malaya

  22. 1603 Chinese Massacre (Manila) 20,000 killed

  23. Manila Galleon Trade 1565 - 1815

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