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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 ...
Under the Eastern Han dynasty, which followed Wang Mang's overthrow, earlier laissez-faire policies were reinstated, and the government abolished conscription and withdrew from managing the economy. A new period of prosperity and intellectual thought, called the Rule of Ming and Zhang , began.
The economic history of China is covered in the following articles: Economic history of China before 1912, the economic history of China during the ancient China and imperial China, before the establishment of the Republic of China in 1912. Economy of the Han dynasty (202 BC – AD 220) Economy of the Song dynasty (960–1279)
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.
During the Han dynasty, China gradually became the largest economy in the ancient world. [35] Han China hosted the largest unified population in East Asia, the most literate and urbanised, the most economically developed, and the most technologically and culturally advanced civilisation in the region at the time.
At the start of the Han dynasty, the Huns in the north were attacking the frontiers of Han and trying to obtain riches. Emperor Wu of Han wanted to gain an alliance with a country called Darouzhi so the two countries could join and fight against the Huns. [2] To obtain this alliance, King Wu sent Zhang Qian to the West to establish economic and ...
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.