Liana Aleksanyan
Paper Currency is an
invention in which people in the Yuan Dynasty (1271-1368) would use to trade to
get goods. Such as food and equipment just by trading paper. Instead of coins
Kublai Khan decided that paper would be better and easier to use. The paper
currency was used mostly all around the world, mainly in Europe. But Kublai
Khan brought it to Asia in 1260 from one of his friends Marco Polo.
Marco Polo was a
young explorer that lived during the time of the Yuan Dynasty. When Marco came
to meet Kublai Khan he brought paper currency with him. That was when he showed
Kublai the invention. But the Song Dynasty was the first to really introduce
paper currency in 1023. But it didn’t spread around too much to get to other
nations. After was the Yuan Dynasty and Kublai Khan really got into the paper
currency. He only wanted people to trade with the paper, not with gold, silk,
silver, bronze, etc. He would punish who ever used other things besides paper.
Especially the foreigners.
There were good
things that came out of the paper currency. Kublai Khan was able to improve
roads and expand waterways. Making the citizens happier that their land was
structured better. It also allowed making trading easier for the people.
The piece of paper displayed above is from the Ming Dynasty, not the Yuan Dynasty.
ReplyDeleteThe piece of paper displayed above is from the Ming Dynasty, not the Yuan Dynasty.
ReplyDelete