The Power of Gold
This episode covers the European lust for gold which led them to South America and the Spanish slaughter of the natives for their gold. Also covered is what the Europeans wanted the gold for, which was to trade with the East for spices and textiles. Interestingly, the favour was not returned with very little of the gold returning to Europe from the East. This episode also covers the rise of using gold as the basis for currencies and economies and the institution of the Gold Standard which was an agreement that the price of gold would be set to a certain amount of Pounds. This was the basis of the world's economy until the 1960s, in one form or another.
Primary Title
- The Power of Gold
Date Broadcast
- Sunday 13 February 2011
Start Time
- 19 : 30
Finish Time
- 20 : 25
Duration
- 55:00
Episode
- 2
Channel
- History
Broadcaster
- Sky Network Television
Programme Description
- This episode covers the European lust for gold which led them to South America and the Spanish slaughter of the natives for their gold. Also covered is what the Europeans wanted the gold for, which was to trade with the East for spices and textiles. Interestingly, the favour was not returned with very little of the gold returning to Europe from the East. This episode also covers the rise of using gold as the basis for currencies and economies and the institution of the Gold Standard which was an agreement that the price of gold would be set to a certain amount of Pounds. This was the basis of the world's economy until the 1960s, in one form or another.
Classification
- PGR
Owning Collection
- Television Vault
Broadcast Platform
- Television
Languages
- English
Captions
Live Broadcast
- No
Rights Statement
- Made for the University of Auckland's educational use as permitted by the Screenrights Licensing Agreement.
Subjects
- Gold--History
- Gold standard--History
Contributors
- Paul Darrow (Narrator)
- S4C (Production Unit)
Subjects
- Gold--History
- Gold standard--History