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Pre-1500
Politcally fragmented
Limited credit and use of money
Tax farming/taxes collected in grain and service -
Pre-1500
Focused on competition with Europe -
Pre-1500
World center- Mongols
Trade
Agrarian economy
Large demographic collapse
Not monetized
Limited consumption -
Pre-1500
Stone age
Isolated Economy
Advanced writing and math -
Pre-1500
Well connected to the Asian world and trade -
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Dynastic feuding and internal instability
Growth in maritime trade and seafaring skills -
Ottomans lose powerful central authority
Mughals controlled by Akbar, united Indian subcontinent, mansabdars formed -
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China:
Manchu Dynasty founded by Nurhaci in 1644
Emphasis on Confucian principles
Reversal of frontiet policy- northern buffer zone=stability in China -
Serious economic competition in New World
Lack of New World central authority
Age of Equilibrium (no power in Europe strong enough to take over)
Mercantilism