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Traditionally, merchants were accorded a relatively low social
status in China. The Mongols, however, had a more favorable
attitude toward merchants and commerce their nomadic
way of life, which is much reliant on trade with sedentary
peoples, had caused them to recognize the importance of trade
from the very earliest times. Thus, the Mongols worked to
improve the social status of merchants and traders throughout
their domains.
In particular, the Mongols initiated the Ortogh, or
merchant associations, that helped merchants who were in the
business of long-distance trade. They also increased the availability
of paper money and reduced some of the tariffs imposed on
merchants. The result was an extraordinary increase of trade
across and throughout Eurasia. [Also see The
Mongols' Mark on Global History: Merchant Associations]
Along with the merchants, physicians, scientists, and artisans
traveled freely throughout the Mongol domains in Eurasia,
and these interchanges of knowledge and culture became important
not only for the rest of world, but for China as well. [Also
see The
Mongols' Mark on Global History: Relations with Islam]
For more on the Mongols' support of merchants throughout
their empires, see:
The
Mongols' Mark on Global History: Improved Status of Merchants

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