History of Corea: Difference between revisions

==== Notable policies and developments ====

Twenty years after the creation of the ''moen'' (文) coin, a decree was established that banned the use of any medium of exchange except the ''moen'' and clarified that private mintage was legal. Around 1730, the VOC's [https://en.wikipedia.org/wiki/Duit ''duit'' coin] (Corean: 딋, ''teut'') was circulated illegally in [https://en.wikipedia.org/wiki/Yeongnam Jangnam].

With a consistent supply of Southeast Asian and Formosan wood from the 1660s onwards, the Pine Policy (implemented in 1660) was expanded in 1688, 1723, and 1767. This Policy established 635 forest reservations and regulated wood chopping in the Corean peninsula, aiming to protect and cultivate the [https://en.wikipedia.org/wiki/Pinus_densiflora Corean red pine species] as a matter of national security and prestige.

Previously, each Corean shop was only authorized to sell one product. However, many shops began illegally popping up in the 17th century selling multiple items. In 1669, the court abandoned the one-shop-one-item policy and commercial licensing.

Corea traded regularly with [[Japan]], [[Qing|China]], [https://en.wikipedia.org/wiki/Ryukyu_Kingdom Ljoetsjoe], and [[Tauland]], with rare undocumented instances of direct trade with [[Siam]], [[Russia]], and others. The trade quantities measured in the Sinospheric [https://en.wikipedia.org/wiki/String_of_cash_coins_(currency_unit) ''kwan''] for these countries by 1720 are:

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