| The first systematic model of the Chinese centralized state economy, and the template of economic policy to which later dynasties would turn.
Related civilizations
Frequently asked questions
- What was The State Salt and Iron Monopoly (119 BCE)?
- To finance the costs of war, Emperor Wu placed the production of salt and iron under state monopoly; Sang Hongyang's economic reforms included price control (equitable marketing), grain storage and currency reform.
- When did The State Salt and Iron Monopoly (119 BCE) happen?
- 119 BCE
- Where did The State Salt and Iron Monopoly (119 BCE) take place?
- Chang'an