Infer: What benefit did a standardized currency (money) bring to China
It allowed the government to collect taxes.
It made it easier to trade anywhere in the empire.
It reduced the economic power of warlords.
It increased wealth for all citizens.
What is the answer
All of the mentioned options could be potential benefits of a standardized currency in China, but the information provided is not sufficient to determine which specific benefit was most significant.
The answer depends on the context of the question and the specific historical period being referred to. However, all of the mentioned options could be potential benefits of a standardized currency in China.
To infer the benefits of standardized currency (money) in China, we can examine the provided options and consider the impact of this system.
First, standardized currency allowed the government to collect taxes. In the context of a unified currency system, the government could easily establish tax policies and enforce their collection. The use of standardized currency made it simpler to calculate and collect taxes from individuals and businesses.
Second, standardized currency made it easier to trade anywhere in the empire. With a consistent form of money accepted throughout the empire, merchants and traders could conduct business more efficiently. They no longer had to rely on bartering or exchanging goods directly, as they could rely on the accepted currency.
Third, standardized currency reduced the economic power of warlords. Prior to standardized currency, warlords often had their own currencies, leading to economic fragmentation. By establishing a uniform currency, the centralized government could undermine the economic control of warlords and strengthen their own authority.
Lastly, it can be inferred that standardized currency increased wealth for all citizens. A consistent and reliable monetary system promotes economic stability and encourages economic growth. It allows individuals to accumulate wealth, conduct transactions, and participate in economic activities more confidently.
In conclusion, based on the options provided, the benefits of standardized currency (money) in China included tax collection efficiency, facilitated trade, reduced the economic power of warlords, and promoted overall wealth increase for the citizens.