<em>The Warring States period in China was from 475-221 BC. It was a conflictive period in ancient China. Many states were engaged in war before the Qin Dynasty conquered them and finally China were united. </em>
During the Warring States period, trade increased and the kinds of goods exchanged became more diverse. The merchant class were view with respect and were more prominent as trade developed and merchants became middle class because they could get more money and increase their wealth. When Qin’s conquest ended the Warring States period, merchants had a respectable position in the social class rank of China. The trading of many and diverse products allowed them to increase its presence and position in those years.
In a market economy, the private-sector businesses and consumers decide what they will produce and purchase, with little government intervention. ... In a mixed economy both market forces and government decisions determine which goods and services are produced and how they are distributed.
