Podcast
Questions and Answers
What was the primary route of the Galleon Trade?
What was the primary route of the Galleon Trade?
Prior to the Galleon Trade, with which regions did the Philippines engage in trade?
Prior to the Galleon Trade, with which regions did the Philippines engage in trade?
What was the estimated cargo capacity of a typical galleon used in the Galleon Trade?
What was the estimated cargo capacity of a typical galleon used in the Galleon Trade?
Which of the following best describes the role of the Spanish government in the Galleon Trade?
Which of the following best describes the role of the Spanish government in the Galleon Trade?
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What was a significant consequence of the Galleon Trade for the Philippines?
What was a significant consequence of the Galleon Trade for the Philippines?
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Which product was primarily transported from the West (Americas) to Manila?
Which product was primarily transported from the West (Americas) to Manila?
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Besides economic impact, what other significant effect did the Galleon Trade have?
Besides economic impact, what other significant effect did the Galleon Trade have?
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Approximately how many galleons were constructed for the Galleon Trade?
Approximately how many galleons were constructed for the Galleon Trade?
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Imagine a scenario where a sudden surge in demand for silk in Europe coincides with a silver shortage in Acapulco. How would this MOST likely affect the Galleon Trade, assuming the Spanish government maintains its trade monopoly?
Imagine a scenario where a sudden surge in demand for silk in Europe coincides with a silver shortage in Acapulco. How would this MOST likely affect the Galleon Trade, assuming the Spanish government maintains its trade monopoly?
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Which of the following statements is LEAST accurate regarding the impacts of the Galleon Trade on global economic development?
Which of the following statements is LEAST accurate regarding the impacts of the Galleon Trade on global economic development?
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What was one long-term negative economic consequence of the Galleon Trade for the Philippines?
What was one long-term negative economic consequence of the Galleon Trade for the Philippines?
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Which of the following best describes the impact of the Galleon Trade on the cultural landscape of the Philippines?
Which of the following best describes the impact of the Galleon Trade on the cultural landscape of the Philippines?
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What was the primary commodity that the British Empire used to gain economic and political advantages during the Galleon Trade era, eventually leading to the Opium Wars?
What was the primary commodity that the British Empire used to gain economic and political advantages during the Galleon Trade era, eventually leading to the Opium Wars?
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Which factor was NOT a primary reason for the end of the Galleon Trade in 1815?
Which factor was NOT a primary reason for the end of the Galleon Trade in 1815?
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Which of the following individuals is credited with establishing the first permanent Spanish settlement in the Philippines?
Which of the following individuals is credited with establishing the first permanent Spanish settlement in the Philippines?
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What was the direct consequence of the Opium Wars (1839-1842 and 1856-1860) for the British Empire?
What was the direct consequence of the Opium Wars (1839-1842 and 1856-1860) for the British Empire?
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Which explorer is recognized for initiating European contact with the Philippines in 1521?
Which explorer is recognized for initiating European contact with the Philippines in 1521?
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What role did the Qing Dynasty play during the early stages of the Galleon Trade?
What role did the Qing Dynasty play during the early stages of the Galleon Trade?
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Which of the following describes the most significant geopolitical shift that directly contributed to the decline of the Galleon Trade?
Which of the following describes the most significant geopolitical shift that directly contributed to the decline of the Galleon Trade?
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Suppose a historian argues that the Opium Wars were primarily a consequence of differing economic philosophies between the British Empire (advocating free trade) and the Qing Dynasty (favoring mercantilism). What is the strongest counterargument to this interpretation?
Suppose a historian argues that the Opium Wars were primarily a consequence of differing economic philosophies between the British Empire (advocating free trade) and the Qing Dynasty (favoring mercantilism). What is the strongest counterargument to this interpretation?
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Flashcards
Galleon Trade
Galleon Trade
Trans-Pacific trade from 1565 to 1815 connecting Manila and Acapulco.
Galleon
Galleon
Large ships used in the Galleon Trade to transport goods.
Trade Route
Trade Route
Path used by galleons from Manila to Acapulco and beyond.
Monopoly
Monopoly
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Key Goods (East)
Key Goods (East)
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Key Goods (West)
Key Goods (West)
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Cultural Exchange
Cultural Exchange
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Economic Hub
Economic Hub
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Globalization
Globalization
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Impact on Philippines
Impact on Philippines
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Impact on Philippines' economy
Impact on Philippines' economy
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Cultural influence
Cultural influence
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Opium Wars
Opium Wars
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Miguel López de Legazpi
Miguel López de Legazpi
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Ferdinand Magellan
Ferdinand Magellan
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British Empire
British Empire
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The King Dynasty
The King Dynasty
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End of the Galleon Trade
End of the Galleon Trade
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Hong Kong control
Hong Kong control
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Study Notes
The Galleon Trade
- The Galleon Trade spanned from 1565 to 1815, a 250-year period.
- It connected the Philippines (Manila) and Mexico (Acapulco).
- Galleons, large ships, transported goods across the Pacific Ocean.
- The trade route continued across the Atlantic to Seville (Spain).
- The Spanish government controlled this trade, acting as a monopoly.
- This trade was the first global transaction connecting East and West.
- Prior to Spanish arrival, the Philippines traded with various Asian countries (China, Japan, Siam, India, Cambodia, Borneo, Vietnam, Myanmar).
- Crucially contributing to the development of the early world economy and globalization's early stages.
Key Goods Traded in Galleon Trade
- From the East: Silk, porcelain, ivory, cloth, and spices.
- From the West: Silver coins, and goods from Spain and the Americas.
Impact of the Galleon Trade
- Manila became a major East Asian trade center.
- The Philippines became a Spanish colony, integrated into their empire.
- The trade spurred Atlantic and Pacific economic activity, changing global trade.
- Cultural exchange between Asia and the West influenced Filipino culture.
Notable Galleon Trade Facts
- 108 galleons were built; 30 were lost at sea.
- Galleons carried 200-300 tons of cargo.
- The trade route was the longest shipping route of its time.
- The Philippines' economy was boosted as a major trade hub during this period.
- The Galleon Trade laid groundwork for modern globalization.
- It bolstered the Spanish Empire's economy.
- The Philippines' strategic location made it essential to global trade.
- The trade significantly facilitated exchange between Asia and Europe.
- While boosting trade, the reliance on Spanish rule stifled long-term independent Filipino economic growth.
- This trade fundamentally impacted Filipino social, political, and daily life.
The Galleon Trade and the Opium Wars
- The Galleon Trade period saw increased opium use by the British in China.
- The Opium Wars (1839-1842 and 1856-1860) arose from Britain's opium trade monopoly and China's attempts to stop it.
- Britain used China's opium dependency to gain control of Hong Kong and increase trade influence.
The End of the Galleon Trade
- The trade ended in 1815.
- Reasons included newer trade routes, the French Revolution, and Spain's fading naval power.
Key Figures in the Galleon Trade
- Miguel López de Legazpi: Established the first Spanish settlement in the Philippines.
- Ferdinand Magellan: First European contact with the Philippines in 1521.
- The King Dynasty: Chinese Dynasty during early Galleon Trade.
- The British Empire: Played a role in the Opium Wars, impacting Chinese trade.
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Description
The Galleon Trade (1565-1815) connected Manila and Acapulco, marking the first global transaction that opened the East to the West. It involved large ships transporting goods across the Pacific Ocean. The trade route was a Spanish government monopoly.
