Stimulation of economy and trade in the entire East was a result of

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The mining of silver by the Spanish in the Americas led to the influx of large amounts of silver into Europe and Asia, which stimulated the economy and trade in the entire East. The increased supply of silver led to its use as a medium of exchange and facilitated the growth of trade between Europe, Asia, and the Americas. This silver trade also led to the development of new financial institutions such as joint-stock companies, which further promoted economic growth and the expansion of trade. The use of slaves, new and efficient ships, and competition between European powers also played a role in the stimulation of the economy and trade in the East, but they were not the primary driver.

Stimulation of Economy and Trade in the Entire East Was