Economics and Ancient China

Toyotas are made in Japan. Americans consume these products. From the perspective of Americans, the Toyota is

• an export

• an import

• an opportunity cost

Toyotas are made in Japan and sold around the world. From the perspective of the Japanese, this product is a

• import

• export

• commodity

China is best known for importing this religion from India.

• Zoroastrianism

• Jainism

• Buddhism

• Hinduism

Assembly lines use which economic ideas? You may select more than one.

• cottage industry

• division of labor

• taxation

• specialization

A guitar teacher wants to buy a $300 guitar. She makes $30 an hour teaching lessons. She estimates it would take 50 hours to make the new guitar herself. Which option does the BEST specialization of labor?

• Cut her lessons in half, spend some time crafting the guitar

• Teach guitar lessons for 10 hours, earn $300 and buy a guitar.

• Stop teaching lessons and start making the guitar

China IMPORTED which luxury item from Europe?

• Glass

• Tea

• Silk

• Potatoes

Ideas and religions were spread along the Silk Road, not just physical things.

• True

• False

True or False: Most traders traveled the entire length of the Silk Road.

• Truee

• False

Answer explanation

Most traders DID NOT travel the entire length of the Silk Road. Instead, most traders traveled just a small part of the route and traded their items with middlemen.

The very first trade of the Silk Road occurred when the Chinese traded silk for which other item?

• Gold

• Horses

• Spices

• Bronze

Answer explanation

*The Chinese were searching for allies or resources that could help them defeat the Xiongnu, and the horses from Central Asia were larger than Chinese horses.

Today, how long would it take you to walk between Chang’an and Turfan, assuming you walked for 12 hours per day? Look at your map to help you make your guess.

• 7

• 13

• 41

• 59

Answer explanation

*The distance between Xi’an (modern-day Chang’an) and Turpan (modern-day Turfan) is 2,382 kilometers + would take 494 hours to walk, according to Google Maps. When divided by 12 hours of walking per day, one would need to walk for slightly over 41 days.