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why was paper money so important to trade during the t'ang and Song dynasties
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GPT-4o mini
Paper money was important to trade during the Tang and Song dynasties for several reasons:
1. **Easy to Carry**: Paper money was lighter and easier to carry than heavy coins, making it more convenient for merchants and travelers.
2. **Larger Transactions**: It allowed people to conduct larger transactions without needing large amounts of heavy metal coins.
3. **Facilitated Trade**: Using paper money made trade faster and smoother, which helped the economy grow.
4. **Government Support**: The government backed the paper money, giving it trust and making people more willing to use it.
5. **New Economic Ideas**: The use of paper money represented new ideas in trade and finance, helping to develop a more complex economy.
Overall, paper money helped make trade easier and boosted economic activity during these dynasties.
1. **Easy to Carry**: Paper money was lighter and easier to carry than heavy coins, making it more convenient for merchants and travelers.
2. **Larger Transactions**: It allowed people to conduct larger transactions without needing large amounts of heavy metal coins.
3. **Facilitated Trade**: Using paper money made trade faster and smoother, which helped the economy grow.
4. **Government Support**: The government backed the paper money, giving it trust and making people more willing to use it.
5. **New Economic Ideas**: The use of paper money represented new ideas in trade and finance, helping to develop a more complex economy.
Overall, paper money helped make trade easier and boosted economic activity during these dynasties.
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