Traditional Culture Encyclopedia - Traditional stories - High school history knows netizens.

High school history knows netizens.

1: A large number of foreign goods poured in, and the traditional economic knot began to disintegrate gradually. This is because China's traditional economic model can't compete with the western advanced industrial model. For example, because foreign machines produce cloth with fewer people and more output, it will be cheaper than China's traditional economy, so the traditional economy will disintegrate.

2. The best performance of traditional economy is the small-scale peasant economy and workshop economy in the embryonic period of capitalism.

3. The performance of bankruptcy is that a large number of foreign goods flood into the market, a large number of people who rely on traditional handicrafts lose their jobs, and the market is gradually controlled by foreign goods to achieve monopoly.