WORLD HISTORY

Detailed explanation-1: -Around 210 BC, the first emperor of China Qin Shi Huang (260–210 BC) abolished all other forms of local currency and introduced a uniform copper coin. Paper money was invented in China in the 7th century, but the base unit of currency remained the copper coin.

Detailed explanation-2: -Answer and Explanation: Emperor Shi Huangdi instituted the first standardized money system for China in 210 B.C, which replaced the many different types of currency used throughout the Empire. A standardized currency was meant to make trade more efficient throughout China.

Detailed explanation-3: -Shi Huangdi wanted history to begin with his rule and the Qin dynasty. Students who did not bring their books to be burned were killed. Shi Huangdi helped to unify China by establishing a common currency (money) and standard units of measure.

Detailed explanation-4: -In order to consolidate central power of the new Qin dynasty, Qin Shi Huang proceeded to standardise the various scripts, weights, and measures that existed among the various states. In order to centralise and standardise the Chinese monetary system, Qin Shi Huang had abolished the existing forms of money.