2 Chinese_Economic_History_Flashcards
What were significant contributions to China’s economy during the Han Dynasty?
The Han Dynasty saw economic expansion, technological advances (e.g., paper, seismograph), and growth in trade through the Silk Road, establishing China’s economic influence.
How did the Qin Dynasty impact the Chinese economy?
The Qin Dynasty centralized power, standardized weights, measures, and currency, and implemented Legalist policies, laying a foundation for economic unity and control.
What was the economic significance of the Tang Dynasty?
The Tang Dynasty was marked by economic prosperity, extensive trade, urbanization, and cultural exchange, often considered China’s golden age.
Describe the Song Dynasty’s contributions to economic development.
The Song Dynasty advanced in commerce, urbanization, and innovation, introducing technologies like gunpowder and the compass, furthering China’s economic and technological influence.
How did the Yuan Dynasty impact trade in China?
The Yuan Dynasty expanded trade under the Mongol Empire, facilitating cultural integration and economic prosperity, including the use of paper money and the Pax Mongolica for safe trade routes.
What were the Ming Dynasty’s economic policies?
The Ming Dynasty promoted domestic and international trade, established the Forbidden City, and later shifted towards isolationism, focusing on defending borders rather than expanding trade.
What role did the Silk Road play in China’s economy?
The Silk Road was a crucial trade route linking China with other regions, facilitating the exchange of goods, ideas, and culture, and enhancing China’s economic status.
How did the Opium Wars affect China’s economy?
The Opium Wars led to unfavorable trade conditions with Britain, significant losses, and treaties that forced China to cede ports and resources, weakening its economic control.
What were the economic reforms introduced by Deng Xiaoping?
Deng Xiaoping’s reforms opened China to the global economy, implemented market-based strategies, and promoted foreign investments, resulting in rapid economic growth and modernization.
What is the significance of Legalism in economic control?
Legalism advocated strict laws and centralized control, influencing China’s governance approach, particularly in times where order was prioritized over economic freedom.
