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| rdfs:label
| - Economy of the Song Dynasty
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| rdfs:comment
| - Beyond domestic profits made in China, merchants engaged in overseas trade by investing money in trading vessels that docked at foreign ports as far away as East Africa. The world's first development of the banknote, or printed paper money (see Jiaozi, Huizi), was established on a massive scale. Combined with a unified tax system and an efficient canal and roadways, this meant the development of a true nationwide market system in China. Although much of the revenue in the central government's treasury was consumed by the needs of the military defense budget, government taxes imposed on the rising commercial base in China refilled the monetary coffers of the Song government. For certain production items and marketed goods, the Song government imposed monopolies in order to boost revenues an
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| sameAs
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| dcterms:subject
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| dbkwik:ceramica/pr...iPageUsesTemplate
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| abstract
| - Beyond domestic profits made in China, merchants engaged in overseas trade by investing money in trading vessels that docked at foreign ports as far away as East Africa. The world's first development of the banknote, or printed paper money (see Jiaozi, Huizi), was established on a massive scale. Combined with a unified tax system and an efficient canal and roadways, this meant the development of a true nationwide market system in China. Although much of the revenue in the central government's treasury was consumed by the needs of the military defense budget, government taxes imposed on the rising commercial base in China refilled the monetary coffers of the Song government. For certain production items and marketed goods, the Song government imposed monopolies in order to boost revenues and secure resources that were vital to the empire's security, such as steel, iron, and chemical components for gunpowder.
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![[RDF Data]](/fct/images/sw-rdf-blue.png)