Jiaozi Essays

Fiat money originated in 11th century China, and its use became widespread during the Yuan and Ming dynasties. Song Dynasty Jiaozi, the world 's earliest paper money. The Song Dynasty in China was the first to issue paper money, jiaozi, around the 10th century AD. Although the notes were valued at a certain exchange rate for gold, silver, or silk, conversion was never allowed in practice. The notes were initially to be redeemed after three years ' service, to be replaced by new notes for a 3% service

Holidays are vital in showing how different cultures’ customs are different. Both America and China have major holidays that are central to their cultures. Recently, I was given the opportunity to learn about Chinese culture from two college students, Han and Heidi, who attend the Wuhan University of Technology in China. Through discussion with them, I realized that the United States’ and China’s holidays show specific aspects of their respective cultures. The United States’ most well-known holiday

the iron coinage dropped dramatically. Therefore, the Song Dynasty introduced bills, jiaozi, to take the place of coins even though paper bills were more susceptible to foreign forgery. In order to increase the value of the jiaozi, only sixteen merchant houses were allowed to issue it, making it a private-order currency. This helped extend the use of the notes by increasing their worth, but eventually the jiaozi depreciated again, so Xue Tian, a Chengdu prefect, reinstated it as a public order currency

Xi Ning Professor Pozefesky HIST 108 May 5, 2018 The Colombian Exchange In Charles Mann’s book 1493: Uncovering the New World Columbus Created, he describes the history of world of the more than 500 years after Columbus's great discovery with strong visual, descriptive and figurative language. His view starts from the great exchange or Columbian exchange of species that have been ignored in a broader perspective. The exchange affects the subsequent human history. Mann presents the research done by