business in ancient China

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The Merchant Class In Traditional China The Song dynasty is notable for the development of cities not only for administrative purposes but also as centers of trade, industry, and maritime commerce. The landed scholar-officials, also referred to as the gentry, lived in the provincial centers alongside the shopkeepers, artisans, and merchants. A new group of wealthy commoners-the mercantile class-arose as printing and education spread, private trade grew, and a market economy began to link the …

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…where managers would attempt to blackmail owners into decisions, to prevent managers from disclosing details of store ownership. The factors of employment in to these businesses was usually due to kinship ties, not only due to the social attitudes of the time, but members of the same family or village, were considered trustworthy and honest. The managers however were not allowed to undertake any business on the side, and were made to payback any losses.