preview

Chin A Powerful Empire For A Long Period Of Time

Decent Essays

China has been a powerful empire for a remarkably long period of time, China has not always stayed the same though. Throughout its expansive history China has evolved in many ways while retaining many of its original values. Some examples of this can be found in the way China conducted its economy, its attitude towards openness to other ideas, and its methods of leadership. Specifically, there were vast amounts of change that took place between the warring states period in China and the Yuan dynasty, this is not to say though that some things did not stay the same.
China 's economy has varied throughout its history, some of the ways it has varied are in the types of currencies that it employed, along with the ideas of what their economic values should consist of. Throughout the time of the warring states period to the Tang dynasty, China had relied on other forms of currency, such as promissory notes, rather than paper money. This all changed when merchants wanted to find an alternative to promissory notes. To attempt to solve this problem, wealthy merchants began to use paper money. Furthermore, during the former Han period, China had a fairly prosperous economy, but toward the end of the former Han period, China 's economy began to falter. On the other hand, during the Tang and Song dynasties, China enjoyed a prosperous economy due to the creation of paper money, trade, and the formation of a market economy. During the Tang and the Song dynasties, a market

Get Access