139k views
4 votes
Describe ONE example of money economies that affected Silk Roads trade during the period.

User Fforw
by
8.6k points

1 Answer

6 votes

Final answer:

The use of paper currency in China during the Silk Roads period led to increased inflation and affected trade along the routes.

Step-by-step explanation:

One example of money economies that affected Silk Roads trade during the period was the use of paper currency in China. The use of paper currency in China during the Silk Roads period led to increased inflation and affected trade along the routes.

The Yuan government issued more paper money than they had metal or silk to back it up, leading to inflation. As more paper money entered the system, the population needed more of it to purchase the same amount of goods and labor. This affected trade along the Silk Roads as the value of paper currency decreased and prices increased.

User Mark Worth
by
9.2k points