WORLD HISTORY

HISTORY

ANCIENT CHINA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did the development of the Silk Road benefit the Chinese economy?
A
It decreased the cost of exporting goods
B
It opened new markets for Chinese producers
C
It enabled Chinese workers to migrate to job locations
D
It created access to an abundant supply of raw materials
Explanation: 

Detailed explanation-1: -Silk Road, also called Silk Route, ancient trade route, linking China with the West, that carried goods and ideas between the two great civilizations of Rome and China. Silk went westward, and wools, gold, and silver went east. China also received Nestorian Christianity and Buddhism (from India) via the Silk Road.

Detailed explanation-2: -How did the reopening of the Silk Road affect the economy and culture of China? Merchants were able to travel along the Silk Road after it was reopened, which facilitated the import and export of goods within and outside of Chinese borders. As a result of the increasing trade, the Chinese economy thrived and prospered.

Detailed explanation-3: -Religion and ideas spread along the Silk Road just as fluidly as goods. Towns along the route grew into multicultural cities. The exchange of information gave rise to new technologies and innovations that would change the world.

Detailed explanation-4: -Greater proximity to strong trading partner China The construction of the New Silk Road offers the following advantages and opportunities for Europe: Shorter transport times: thanks to the new land corridors used to transport goods by rail, in the future, goods will reach their destination in twelve to twenty days.

Detailed explanation-5: -Developments were made in irrigation, crop-raising and breeding, building and handicrafts. Trade and commerce also flourished, and the Silk Routes became an increasingly important part of economic and cultural life, whilst coinage from this time serves as an indication of the political structure of the Kushan Empire.

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