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1. The Mongols empire economy was based on
the idea of redistribution. The ruler used to
obtain revenue, gift or war booty. The same was
shared by the ruler right down to the hierarchy,
from noble to humble servants.
MONGOLS EMPIRE
In the 13th and 14th centuries, the Mongols
had the largest empire in the world. It
extended from present-day northern China
and Mongolia to Kazakhstan, Turkmenistan,
Uzbekistan, Azerbaijan, Georgia, Moldova,
Bulgaria and Ukraine.
The most famous Mongols empire ruler
was the Chenggis Khan ( 1162-1227 ). He
united all Mongol tribes. In his lifetime,
he divided Eurasia among his four sons.
Unlike other great empires, Mongols achievements
have faded from memory. The reason may be that
the Mongols empire was nomadic and hence has
left behind no great cities. Mongol legacy lies in its
ideas and practices – the importance attached to
enterprises, trade and redistribution founded on
justice and generosity.
The Black Death Plague from 1338-46 engulfed the
Mongols empire territories. It was both a
demographic and economic disaster for the
horde. Thousands of people were killed. Agriculture
and grazing suffered through neglect. The trade,
carefully nurtured over a century, was critically
damaged.
Trade was the backbone of the Mongols empire. As
it declined, the empire lost its glory.
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FORGOTTEN –