Paper money issued by the mongol rulers lost value

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a.Paper money issued by the Mongol rulers lost value Mongol impact can be seen in their…1.Ability to secure trade routes2.Though brutal at times, mostly nurtured cross-cultural integration3.As a result of their disinterest in governing, diplomatic & inclusivePrinting of money that was not backed created inflationIt’s ironic… but the stability of the trade network the sedentary societies depended on was provided by a nomadic society that did not have an advanced economy of similar scale
b.Power struggles, assassinations, and civil war weakened Mongols after 1320s 3.Bubonic plague in southwest China in 1330s, spread through Asia and Europe a.Depopulation and labor shortage undermined the Mongol regime b.By 1368, the Chinese drove the Mongols back to the steppes4.Surviving Mongol khanates a.The khanate of Chaghatai continued in central Asia III.After the Mongols A.Tamerlane the Whirlwind (1336-1404) built central Asian empire 1.The lame conqueror, Timur was self-made; rose to power in 1360s; established capital in Samarkand 2.Tamerlane's conquests 3.Tamerlane's heirs struggled and divided empire into four regionsB.The foundation of the Ottoman empire 1.Osman a.Large numbers of nomadic Turks migrated to Persia and Anatolia b.Osman, a charismatic leader, carved out a small state in northwest Anatolia c.Claimed independence from the Saljuq sultan in 12992.Ottoman conquests in the Balkans in 1350s a.Sultan Mehmed II sacked Constantinople in 1453, renamed it Istanbul b. The Golden Horde survived until the mid-sixteenth centuryRemember these results of the Plague as it will be a reoccurring theme elsewhere
b.Absorbed the remainder of the Byzantine empire c.During the sixteenth century, extended to southwest Asia, southeast Europe, and north Africa

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