How did trade influence the development of financial instruments What role did trade played in Tang and Song China that promoted a growing market economy?

Trade was important in Tang and Song China. It brought influences, ideas and goods from far and wide. It made a stabler economy and it made the empire prosper. Trade created financial instruments like credit and paper money because it was more convenient and there was not enough coin money.

What items did the Chinese receive in trade during the Tang dynasty?

In the Middle East, the Islamic world coveted and purchased in bulk Chinese goods such as silks, lacquerwares, and porcelain wares. Songs, dances, and musical instruments from foreign regions became popular in China during the Tang dynasty.

What factors contributed to China’s growth during the Tang and Song dynasties?

Tang and Song dynasty China experienced an economic revolution that made it the richest empire on earth. Population grew rapidly, from 50 million-60 million people during the Tang dynasty to 120 million by 1200, spurred in part by a remarkable growth in agricultural production.

In what ways might Chinese policies have encouraged business and trade during the Tang dynasty?

The three policies that helped to explain the success of the early Tang Dynasty were Transportation & Communication, the equal-field system, and Bureaucracy of Merit. Apart from the canal there needed to be other ways to transport goods, so as an ultimatum.

How did the Tang promote trade along the Silk Road?

How did the Tang promote trade along the Silk Road? By taking control of Central Asia, the Tang dynasty made travel along the Silk Road safer. Because of the increased safety, merchants, missionaries, and other visitors came to China. These foreign contacts brought many cultural exchanges with them.

What did Chinese trade on the Silk Road?

They traded goods such as silk, spices, tea, ivory, cotton, wool, precious metals, and ideas.

What are two reasons trade increased in China during the Song dynasty?

The Songs ruled an empire rich in silk, jade and porcelain. They sent trading ships to India and Java and presided over a period of growth in trade and an expansion of the Chinese empire. Trade increased in the Indian Ocean partly as a response to the threat from Islamic intrusions into the area.

How did the growth of trade change ancient Chinese society?

The changes resulted in the decentralization and expansion of domestic and foreign trade institutions, as well as a greatly enlarged role for free market in the distribution of goods, and a prominent role for foreign trade and investment in economic development.

How was China affected by thriving trade during the Yuan Dynasty?

How were merchants in China affected by thriving trade during the Yuan dynasty? Merchants were respected and trade along the Silk Road flourished; goods such as medicine, perfume, and ivory were brought to China.

How did the expansion of farming during the Song dynasty impact China?

The many rivers and streams of the region facilitated shipping, which reduced the cost of transportation and, thus, made regional specialization economically more feasible.

What invention did the expansion of trade lead to?

A famous example of a Chinese invention that helped to transform the world is paper. Paper was invented during the Han dynasty, probably just at the time the Silk Road trade was beginning to flourish.

How did the improvements affect China’s economy and ability to explore the world?

Technological advances of China? Since more food was available, their population grew. New areas were settled, which developed into cities. Increased trade routes by roads, waterways and sea ports increased trade for Chines merchants, to other parts of the world.

How did the Song promote trade?

The Song set up supervised markets along the border to encourage this trade. Chinese goods that flowed north in large quantities included tea, silk, copper coins (widely used as a currency outside of China), paper and printed books, porcelain, lacquerware, jewelry, rice and other grains, ginger and other spices.

What advances in farming occurred during the Song dynasty?

What advances in farming occurred during the Song dynasty? The advances that occurred during the Song Dynasty were the inventions of the dragon backbone, the cultivation of cotton, and fast ripening rice.

What caused trade and commerce to grow during the Tang and Song dynasties?

What caused trade and commerce to grow during the Tang and Song dynasties? paper money.

How did the growing economy change China during the Tang and Song eras?

What was the overall impact of the Tang-Song era on chinese history? Their era is highlighted by improvements in education, transportation, banking etc. They introduced the idea of flying money and the first forms of currency. The also made the Grand Canal making transportation and trade throughout China much easier.

Which development helped increase literacy in China?

As in Europe centuries later, the introduction of printing in China dramatically lowered the price of books, thus aiding the spread of literacy. Inexpensive books also gave a boost to the development of drama and other forms of popular culture.

In what ways did Chinese innovations impact the Chinese economy over time?

China’s economic success resulted from various technological innovations that allowed China to produce and trade foods and goods more quickly and efficiently. Chinese technological innovation during this period reshaped the world as technological advances diffused west along international trade routes.

What impact did the Tang and Song dynasties have on business trade?

Tang rulers further strengthened the central government of China. They expanded the network of roads and canals begun by the Sui. This helped to pull the empire together. They also promoted foreign trade and improvements in agriculture.

What impact did the Tang and Song dynasties have on foreign trade?

The Tang expanded China’s territories and influence to include Korea and Vietnam, as well as portions of northeast, central, and southeast Asia. The peace that the Tang and Song governments created encouraged trade throughout the empire and abroad through the Silk Roads.

What impact did the improvements in transportation have on Tang and Song China?

What impact did improvements in transportation have on the Tang and Song China? New roads and canals linked regions of China and pushed internal trade. New sailing techniques expand trade and cultural exchange with other nations. How did changes in agriculture support other developments during the Song Dynasty?

What did the Tang and Song dynasties trade?

During the Tang and Song dynasties, China continued to participate in the international trade networks that took Chinese goods to India, West Africa, the Arabian Peninsula, and Europe. Chinese merchants themselves went as far as the Malay Peninsula. Silk remained the largest Chinese export.