How did Ancient Chinese economy help China?
Ancient China
Introduction
Chinese currency and economy was very important to Chinese people and they were always changing.
The Ancient Chinese people used lots of different types of money. First they had shells as their money, then, after the Shang Dynasty took over, they changed it to knife money. When the Shang Dynasty ended, the money was changed to coins, then, eventually they changed it to paper money. From kids history's.com it says that "China was always changing the way their economy worked".
The silk road was also very important to China. It sold food, spices, gold, silver and other goods. The silk road was over 4,000 miles long. There were no traders that thought they could travel the whole road so they would just stop in other places and trade there instead.
The Ancient Chinese people used lots of different types of money. First they had shells as their money, then, after the Shang Dynasty took over, they changed it to knife money. When the Shang Dynasty ended, the money was changed to coins, then, eventually they changed it to paper money. From kids history's.com it says that "China was always changing the way their economy worked".
The silk road was also very important to China. It sold food, spices, gold, silver and other goods. The silk road was over 4,000 miles long. There were no traders that thought they could travel the whole road so they would just stop in other places and trade there instead.
The Silk Road |
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Money
the money in china was always changing from shells, to knife money, then coins, then paper money. The shell money in china came before the Qin dynasty and was the currency until the Qin dynasty changed it. the shells were called cowrie shells and china decided to use them as there money because they were small easy to carry around and where also very bright and the Chinese thought this was good about them. The shells also lasted the longest out of all the forms of currency.
After the shells the Qin dynasty decided to change the money and changed the currency to copper money witch was the coins and knife money. The coins witch were formed in a ring shape lasted from 221 b.c to 206 b.c. People in ancient times believed that the heaven is round and the earth is square, which is one of the reasons why the copper coin has the round shape and a square hole in the center. after these coins the knife shaped coins became very popular and were won of the main uses of money but around this time people still used the coins.
Finally china got to paper money when Jiao Zi took over china when the paper money came the trade increased in china. the paper money was first issued in 1023 together by 16 merchant princes in Chengdu, Sichuan Province. This paper currency was a piece of paper printed with houses, trees, men and cipher.
After the shells the Qin dynasty decided to change the money and changed the currency to copper money witch was the coins and knife money. The coins witch were formed in a ring shape lasted from 221 b.c to 206 b.c. People in ancient times believed that the heaven is round and the earth is square, which is one of the reasons why the copper coin has the round shape and a square hole in the center. after these coins the knife shaped coins became very popular and were won of the main uses of money but around this time people still used the coins.
Finally china got to paper money when Jiao Zi took over china when the paper money came the trade increased in china. the paper money was first issued in 1023 together by 16 merchant princes in Chengdu, Sichuan Province. This paper currency was a piece of paper printed with houses, trees, men and cipher.
Compare and Contrast
There are many similarities and differences between the ways ancient China and Mesopotamia traded. China traded along the Silk road so did Mesopotamia. China traded some of the same merchandise as Mesopotamia traded like gold, salt, wheat, and barley.Some differences are China did not need to trade as much as Mesopotamia because China had more natural resources, while Mesopotamia did not have natural resources they could use. This made it that they needed to trade.
China also traded some different things that Mesopotamia did not have to like gold, silk, and other mercandice Mesopotamia did not have. There are also many differences between China and Mesopotamia economy china had money to buy and sell with but Mesopotamia didn't they just traded with people and used accounts like debit and credit accounts to buy merchandise.
China also traded some different things that Mesopotamia did not have to like gold, silk, and other mercandice Mesopotamia did not have. There are also many differences between China and Mesopotamia economy china had money to buy and sell with but Mesopotamia didn't they just traded with people and used accounts like debit and credit accounts to buy merchandise.