Respuesta :
Answer with Explanation:
The song economy was characterized by:
- a massive land area for plowing and raising crops - Barren lands were claimed by people and the government persuaded them to cultivate these areas. Innovations regarding farm tools, fertilizers and other related things were made.
- great technological advancement such as printing of paper money - The government realized the importance of printing paper money and soon the workforce in this industry grew. At this time, the value of the paper money was only limited to particular regions, thus it was only limited to be used within 3 years.
- allowing the competitive industries to prosper - Competitive industry was strengthened such as silk mills and workshops that made shuttle-woven fabrics and the like
In the song dynasty, farmers did not intend to be independent. They found that market production made possible a better life and was marked by tremendous growth and development.
What do you know about song dynasty?
The Song Dynasty (960–1279) in China was the richest economy in the world at the time.
The empire originated in the upward and downward economy of the Tang dynasty (618-907) and made greater use of market methods as the country's currency grew almost three times that of 12th-century Europe.
The song economy was marked by:
- Major technological advances such as paper money printing - The government realized the importance of printing paper money and soon the workers in the industry grew.
- Empty fields are demanded by the people and the government urges them to cultivate these areas.
- The competitive industry was strengthened as silk mills and workshops produced shuttle-woven fabrics.
- New strategies were developed regarding farm implements, fertilizers, and other related items
Therefore, these are the characteristics of song dynasty which made them the wealthiest economy at all times in the world.
To learn more about Song dynasty, refer:
https://brainly.com/question/1364524
