Emperor Wu-ti launched attacks against groups that pose threats against the empire. He deemed this the right decision to solve the problem right away. He was determined to win and sent troops after troops into the battlefield. Because of this, he was able to expand China's control. On another hand, he also exhausted their resources due to allocating most of the empire's income to the military forces. He needed to look for another way to expand their income. He did this by passing a decree that the state can monopolize the salt, wine, and iron.
Countries that have "free-market" economy generally have better standards of living. It is an economy whereas it is dependent of supplies and demands. By no meaning it has no controls within the government.
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They wrote the Vedas, the Hindu religious texts between 1500-500 BCE :))