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There were two predominant economic factors during this period. 1155815
Trade www.1155815.com
In the south, the tea trade became increasingly important. There were attempts to introduce state monopolization of the trade in order to control the revenue it produced. The production and trading in salt was monopolized and a salt tax became the prime source of government revenue.
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Currency 民俗节庆门户网站
A great innovation was the introduction of paper money in the northern area. Due in part to the scarcity of metal in China and the fact that the existing copper coinage was heavy to transport alternatives were sought. Certain provinces also placed an embargo on the transfer of copper coins beyond their territory. Merchants began to use a system of deposit certificates. Copper coins would be deposited with the government which then issued the certificates. This developed into a banking system that benefited the expansion of trade.
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Culture 民俗节庆门户网站
Regardless of the chaos which prevailed during this period, it was important in terms of Chinese culture. 民俗节庆门户网站
Printing
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Facilitated by the advancements made in printing and despite the political changes of the period, there remained a high regard for cultural tradition. During the period 932 to 953 the first of the Nine Confucian Classics was published by the Imperial Academy. This became the prototype for all subsequent editions.
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Art wish.1155815.com
The noteworthy developments in the field of art during this time were twofold. The first was the continued refinement of the techniques used in the production of porcelain. The translucent porcelain was used throughout China and was widely sought abroad, thus becoming a valuable export. 1155815
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