ANCIENT CHINA ECONOMY

HOW IS MONEY MADE?

• Farm wheat(northern)
• Farm rice(southern)
• Mining(salt, miners possible slaves)
• Trading(important to economy)

TRADING

• Trade along Silk road
• Currency: cowrie shells, Chinese bronze coins, and paper bills
• Trade with Southwest Asia, India, Korea, Japan, and more

HOW THEY GET NEEDS AND WANTS

• Trade with other civilizations
• Farming

SUPPLY AND DEMAND

• Silk:specialty/high demand
• Iron(strong metal used for tools)

WHAT IS EXPORTED/IMPORTED

• Silk ,tea, porcelain, horses, gold, silver, carpets, glass, steel, cowrie shells, cotton, paper, and clothing (exported to )
• Cotton, ivory, wool, gold, and silver(imported)