Liquor was another profitable private industry nationalized by the central government in 98 BC. However, this was repealed in 81 BC and a property tax rate of two coins for every 0.2 L (0.05 gallons) was levied for those who traded it privately. By 110 BC Emperor Wu also interfered with the profitable trade in grain when he eliminated speculation by selling government-stored grain at a lower price than demanded by merchants. Apart from Emperor Ming's creation of a short-lived Office for Price Adjustment and Stabilization, which was abolished in 68 AD, central-government price control regulations were largely absent during the Eastern Han.
Liquor was another profitable private industry nationalized by the central government in 98 BC . However , this was repealed in 81 BC and a property tax rate of two coins for every 0.2 L ( 0.05 gallons ) was levied for those who traded it privately . By 110 BC Emperor Wu also interfered with the profitable trade in grain when he eliminated speculation by selling government - stored grain at a lower price than demanded by merchants . Apart from Emperor Ming 's creation of a short - lived Office for Price Adjustment and Stabilization , which was abolished in 68 AD , central - government price control regulations were largely absent during the Eastern Han .
In what year did the liquor industry once again become privatized?
In what year did the liquor industry once again become privatized ?
81 BC
81 BC