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Why did the Chinese want to keep a monopoly on salt and iron?

1 Answer

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They wanted a monopoly on salt and iron because it helped them make a large profit off of it. When you have a monopoly on something, you have complete control over it. They could sell it for more, or the value could come up. This helped to improve Chinese's income and worldly status.

Keep studying, and have a nice day!
~SimpleGirl~
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User Vince VD
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