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26 July, 06:28

Why did china's demand for silver rise dramatically during the sixteenth century?

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  1. 26 July, 06:50
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    The demand for silver in china rose dramatically during the sixteenth century due to a number of factors including rapid population growth, low public enthusiasm regarding paper currency, and the rapid devaluation of copper and paper money. China met the demand by importing silver from American through European trade.
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