Brief history of China's money - Stuff That I Find Interesting

Brief history of China's money - Stuff That I Find Interesting

Assessment

Interactive Video

History, Business

11th Grade - University

Hard

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FREE Resource

The video explores the evolution of currency in China, starting from ancient times with cowry shells and knife currency, to the introduction of paper money by the Song Dynasty. It discusses the use of fiat currency under the Mongols and the influence of the Mexican peso during the Qing Dynasty. The video also covers the hyperinflation period post-war and the eventual introduction of the renminbi by the communists. Additionally, it touches on the economic impact of the opium trade and the role of silver from the New World.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the arrival of silver from the New World impact Chinese currency?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the consequences of hyperinflation in China after the war?

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