McNeill Chapter 2

McNeill Chapter 2 - McNeill Chapter 2 page The Era of...

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McNeill Chapter 2 page The Era of Chinese Predominance 1000-1500 Chinas rapid evolution towards market-regulated behavior created a critical balance Market and Command in Medieval China Iron Working Blast Furnaces Coke as Fuel created surge in iron making o 806 – 13,500 tons ; 1078 – 125,000 Iron used for Coinage, Weapons, construction, and tools Grain and cloth produced by agricultural class, natural resources transformed by artisan class, wealth and goods circulated by merchant class, money is managed by the ruler. Paper money introduced Use of cash started to increase People were able to specialize their production. o Improvement of transportation o Removal of natural obstacles o Local differences in landscape and resources available Diversified crops o Began buying and selling in local markets Some Became richer from markets, while some became poorer
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Urban Hierarchy o Rural towns o Provincial cities o Metropolitan centers Lack of control over merchants o Rich were able to get richer, poor get poorer Flooding of the Yellow River led to a halt in iron production in Honan
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McNeill Chapter 2 - McNeill Chapter 2 page The Era of...

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