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The economy of the Han dynasty (206 BC – 220 AD) of ancient China experienced upward and downward movements in its economic cycle, periods of economic prosperity and decline. It is normally divided into three periods: Western Han (206 BC – 9 AD), the Xin dynasty (9–23 AD), and Eastern Han (25–220 AD).
The Han dynasty oversaw periods of economic prosperity as well as significant growth in the money economy that had first been established during the Zhou dynasty (c. 1050 – 256 BC). The coinage minted by the central government in 119 BC remained the standard in China until the Tang dynasty (618–907 AD). The period saw a number of limited ...
During the Han dynasty (206 BC–220 AD), China became a strong, unified, and centralized empire of self-sufficient farmers and artisans, with limited local autonomy. The Song period (960–1279 AD/CE) brought additional economic reforms.
The Han court upheld a socio-economic ranking system for commoners and nobles, which was based on the twenty-ranks system installed by the statesman Shang Yang (d. 338 BCE) of the State of Qin. [121] All males above the age of 15 (excluding slaves) could be promoted in rank up to level eight. [122]
The Han dynasty ruled in an era of Chinese cultural consolidation, political experimentation, relative economic prosperity and maturity, and great technological advances. There was unprecedented territorial expansion and exploration initiated by struggles with non-Chinese peoples, especially the nomadic Xiongnu of the Eurasian Steppe.
Economy of the Han dynasty (202 BC – AD 220) Economy of the Song dynasty (960–1279) Economy of the Ming dynasty (1368–1644) Economy of the Qing dynasty (1644–1912) Economic history of China (1912–1949), the economic history of the Republic of China during the period when it controlled Chinese mainland from 1912 to 1949.
The tuntian (literally "garrisoning (on) farms") system evolved during the victorious campaign of 61–60 BC by Zhao Chongguo against the Qiang people. [5]While the tuntian system was made famous by Cao Cao's administration (c. 196–220 CE), Cao Cao's writings show that the system had been instituted as early as the Western Han dynasty during the reign of Emperor Wu (r.
The imperial system fell apart after the fall of Qin in 206 BC. However, following Han's victory over Chu, the King of Han reestablished the imperial system and is known posthumously as Emperor Gaozu (r. 202–195 BC). [9] The Han system of imperial government borrowed many of its core features from the regime established by the Qin dynasty.