Organization of the Mongol Empire under Genghis Khan it also strengthened Mongol society as a whole. Genghis Khan’s united Mongol nation formed the foundation of the largest continuous land empire ever known. A wise statesman, Genghis also established Mongolian-style democracy that respected the ethnic and cultural diversity of his Empire. His government left many long-lasting legacies: Genghis Khan preferred to rule through existing hierarchies, but where he was resisted he destroyed the existing aristocracy. Nevertheless, he created at the same time a rough meritocracy among the Mongols. Positions of honor were given on the basis of bravery in battle or outstanding loyalty, as opposed to the old system
Society of the Mongol Empire when the Song dynasty started replacing their copper coinage with paper currency. When the Mongols invaded Song China they started issuing their own Mongolian bills in 1227. This first attempt by the Mongols did not last long because the notes issued expired after several years and were inconsistent throughout the parts of the Mongol Empire that issued them. In 1260, Kublai Khan created the Yuan Mongol's first unified paper currency with notes that did not have any expiration date. To validate the currency, it was made fully exchangeable to silver and gold and was accepted as tax payments. Currency distribution