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Agricultural yields were about 2 tan (a unit of about 110 pounds or 50 kilograms) of grain per mu during the Song dynasty, compared with 1 tan during the early Han and 1.5 tan during the late Tang. [8] The economic development of China under the Song dynasty was marked by improvements in farm tools, seeds, and fertilizers.
[1] [2] [3] Economic historians usually divide China's history into three periods: the pre-imperial era before the rise of the Qin; the early imperial era from the Qin to the rise of the Song (221 BCE to 960 CE); and the late imperial era, from the Song to the fall of the Qing.
The economy of the Song dynasty was one of the most prosperous and advanced economies in the medieval world. Song Chinese invested their funds in joint stock companies and in multiple sailing vessels at a time when monetary gain was assured from the vigorous overseas trade and indigenous trade along the Grand Canal and Yangzi River. [20]
The Song dynasty was the first in world history to issue banknotes or true paper money and the first Chinese government to establish a permanent standing navy. This dynasty saw the first surviving records of the chemical formula for gunpowder, the invention of gunpowder weapons such as fire arrows, bombs, and the fire lance.
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. For the ...
Part of a series on the History of China Timeline Dynasties Historiography Prehistoric Paleolithic Neolithic (c. 8500 – c. 2000 BCE) Yellow, Yangtze, and Liao civilization Ancient Xia (c. 2070 – c. 1600 BCE) Shang (c. 1600 – c. 1046 BCE) Late Shang (c. 1250 – c. 1046 BCE) Zhou (c. 1046 – c. 256 BCE) Western Zhou (1046–771 BCE) Eastern Zhou (771–256 BCE) Spring and Autumn (c. 770 ...
A painting of a gentry scholar with two courtesans, by Tang Yin, c. 1500. The four occupations (simplified Chinese: 士农工商; traditional Chinese: 士農工商; pinyin: Shì nóng gōng shāng), or "four categories of the people" (Chinese: 四民; pinyin: sì mín), [1] [2] was an occupation classification used in ancient China by either Confucian or Legalist scholars as far back as the ...
Jiaozi (Chinese: 交子) was a form of promissory note which appeared around the 11th century in the Sichuan capital of Chengdu, China. Numismatists regard it as the first paper money in history, a development of the Chinese Song Dynasty (960–1279 CE).