Survival Dependent on Nature: the Relationship of Famine and Commodity Market in Late Ming Dynasty
Zhigang Liu
Abstract
Zhigang Liu
Abstract
A huge social crisis lurked behind the booming commodity economy in late Ming dynasty.South,Central,North and other regions in China formed a more significant regional and industrial division of labor by convenient waters.However,the long-range dislocation between production and sale caused this highly prosperous economies to become extremely vulnerable,once a favorable external environment changed,which would quickly collapse the situation.large-scale natural disasters of successive years in late Ming dynasty just hit its fragile nerves,and the entire economic system entered a climate change-driven adjustments.
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A huge social crisis lurked behind the booming commodity economy in late Ming dynasty.South,Central,North and other regions in China formed a more significant regional and industrial division of labor by convenient waters.However,the long-range dislocation between production and sale caused this highly prosperous economies to become extremely vulnerable,once a favorable external environment changed,which would quickly collapse the situation.large-scale natural disasters of successive years in late Ming dynasty just hit its fragile nerves,and the entire economic system entered a climate change-driven adjustments.
Key concepts: Famine, Commodity, China, Economy, Natural disaster, Economics, Business, Market economy