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Mercantilism
economic theory advocating a strong state and strict control over trade
Daoism
Chinese philosophy advocate humility and religious piety (act of being religious)
Legalism
Excessive adherence to law or formula-dependence on moral law rather than on personal religious faith.
Marxism
Created by Karl Marx, social and economic theory, world is unfair to workers who make up most of the population.
Socialism
Theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community
Confucianism
Ancient Chinese belief system- focuses on importance of personal ethics and morality.
Capitalism
country trade and industry is controlled by private owners for profit.
Nationalism
-Identification with one’s own nation and support for its interests, especially to the exclusion of interests of other nations- want independence from others
Song Dynasty
Golden age of imperial China
Gunpowder and paper money first developed here
Tang dynasty in China