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The Song Dynasty Commercial Revolution and Monetary Economy
The Song Dynasty's commercial revolution and monetary economy drove social progress. Extensive trade networks connected the dynasty with other regions, facilitating the exchange of goods and ideas. Urban markets expanded, with specialized goods and services becoming available. The invention and widespread use of paper money revolutionized trade and commerce. Additionally, the development of banks and other financial institutions facilitated trade and investment, further promoting economic prosperity.
Edited at 2025-01-14 06:48:11The Song Dynasty Commercial Revolution and Monetary Economy
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