evaluate the extent to which the global flow of silver from the mid-sixteenth century to the eighteenth century affected economic and social systems.

The correct answer to this open question is the following.

The global flow of silver from the mid-sixteenth century to the eighteenth century affected economic and social systems to the extent that this commodity was one of the most desired by people and merchants traded silver across Asia, Europe, and the Americas. For many experts in the field of economics, silver trade between these regions can be considered as the first model of the international or global market, in which many nations desired and bought this precious metal for everything that represented.

Indeed it was so precious that some nations adopted silver as a form of currency. That was the case in China. Silver also strengthened the power of some European monarchies as was the case of Spain that ordered the exploitation of many silver mines in its American colonies.

1 > george s. boutwell

2 > general ulysses s. grant

3 > james a. garfeild

4 > adolph e. borie

i believe it was spain