Why is the Chinese word for "bank" significant? O Because it literally means "silver shop," pointing to importance of silver in early modern China O Because banks were foreign concepts in China until the 1700s Because banks allowed peasants to take out loans and acquire land OBecause the word for bank is the same as the word for copper, which is what most money in China was made from
Why is the Chinese word for "bank" significant? O Because it literally means "silver shop," pointing to importance of silver in early modern China O Because banks were foreign concepts in China until the 1700s Because banks allowed peasants to take out loans and acquire land OBecause the word for bank is the same as the word for copper, which is what most money in China was made from
Related questions
Question

Transcribed Image Text:Question 20
Why is the Chinese word for "bank" significant?
Because it literally means "silver shop," pointing to importance of silver in early modern China
Because banks were foreign concepts in China until the 1700s
Because banks allowed peasants to take out loans and acquire land
Because the word for bank is the same as the word for copper, which is what most money in China was
made from
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
