Infer: What benefit did a standardized currency (money) bring to China?(1 point)
Responses
It increased wealth for all citizens.
It increased wealth for all citizens.
It allowed the government to collect taxes.
It allowed the government to collect taxes.
It reduced the economic power of warlords.
It reduced the economic power of warlords.
It made it easier to trade anywhere in the empire.
It made it easier to trade anywhere in the empire.
To infer the benefit that a standardized currency (money) brought to China, we can analyze the given options:
1. It increased wealth for all citizens.
To determine if this is a valid inference, we need to understand how a standardized currency could increase wealth for all citizens in China. A standardized currency helps establish a common medium of exchange and eliminates the need for bartering, which could lead to more efficient trade. By facilitating trade and commerce, a standardized currency could potentially lead to economic growth and increased wealth for the general population.
2. It allowed the government to collect taxes.
The validity of this inference depends on the assumption that a standardized currency provides a more effective means for the government to collect taxes compared to other methods. By implementing a standardized currency, the government can ensure greater accountability and more accurate assessment of taxes, which may contribute to increased tax revenues.
3. It reduced the economic power of warlords.
This inference suggests that a standardized currency helped diminish the economic influence and control of warlords in China. With a standardized currency, the central government could exert greater control over the economy and minimize the ability of warlords to manipulate local currencies or engage in illicit activities. However, without further context or supporting evidence, it is difficult to definitively conclude this as the sole benefit of a standardized currency.
4. It made it easier to trade anywhere in the empire.
This inference suggests that a standardized currency simplified trade within the Chinese empire. With a common currency accepted throughout the empire, it would be easier for merchants and traders to conduct business across different regions, eliminating the need for currency exchange or bartering. A standardized currency could foster economic integration within the empire and encourage trade between distant regions.
To select the most appropriate inference, it is important to consider the historical, economic, and political context of China during the period in question. Additional research or contextual information would be helpful in determining which benefit a standardized currency primarily brought to China.