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Insight of Marco Polo. The result of the publication of this book was a rapid
increase in commerce between the Italian city states and China. ...
... Centuries later, the Italian Marco Polo returned from his famous journey to the ... Because
Nancy Johnson lacked the insight to have her invention patented, her ...
... With great strategic insight Genghis Khan worked out a campaign plan consisting ... Marco
Polo gives an interesting description of Mongol tactics: “When an army ...
Submitted by OCrashandBurnO on June 2, 2005
Category: American History
Words: 1133 | Pages: 5
Views: 137
Popularity Rank: 71,632
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The result of the publication of this book was a rapid increase in commerce between the Italian city states and China. This expansion of enterprise soon spread to the rest of Europe as well. The result for Italy was the creation of wealth and leisure that made possible the Renaissance.
For the rest of Europe as well it meant the slow death of the medieval period and the coming of the age of exploration and enterprise. It was, after all, a passage to India and China by sea that Columbus sought in 1492. The Travels of Marco Polo is among the books that helped shape the world we now live in.
The great Chinese civilization of that period, the Ydan dynasty, formed by Kublai Khan in 1271 is credited with sending many of China's innovations to the Western world via Marco Polo. Its cuisine, silk, spices, gun powder, rockets and other weapons of war are among the most famous.
But perhaps the innovation most constructive and destructive throughout western history, depending on whose hands it was in, was the use of paper money as a substitute for what had been used as real money in other civilizations-gold and silver. Gold and silver are still acknowledged as real money in every civilized nation as well as recognized commodities of real value in primitive societies. Paper money was introduced as a new idea to western civilization by Marco Polo in a chapter of his Travels entitled: "How the Great Khan Causes the Bark of Trees, Made into Something Like Paper, to Pass for Money All Over His Country". After reading the chapter title like that, Polo's readers probably thought the Great Khan to be the Great Con.
Marco Polo writes as follows:
"Now that I have told you in detail of the splendor of this city of the emperor's, I shall proceed to tell you of the mint which he has in the same city, in the which he has his money coined and struck, as I shall relate to you. And in doing so I shall make manifest to you how it is that the great Lord...
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