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Asiatic mode of production

The Asiatic mode of production is a form of economic system found in some parts of Asia thousands of years ago. It was different from the way most places in the world organized their economies back then. In the Asiatic mode of production, there were no markets - instead people relied on production controlled by the state. People would work on farms and factories owned by a central authority, like a king or an emperor, and their work was organized so that goods and services were given to the people who needed them. This allowed people in these areas to have access to food, shelter, and clothing without having to buy or trade for them.
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