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The economy of ancient Greece was defined largely by the region's dependence on imported goods. As a result of the poor quality of Greece 's soil , agricultural trade was of particular importance. The impact of limited crop production was somewhat offset by Greece's paramount location, as its position in the Mediterranean gave its provinces ...
In the history of economic thought, ancient economic thought refers to the ideas from people before the Middle Ages. Economics in the classical age is defined in the modern analysis as a factor of ethics and politics, only becoming an object of study as a separate discipline during the 18th century.
The main issues concerning the ancient Greek economy are related to the household (oikos) organization, the cities’ legislation and the first economic institutions, the invention of coinage and the degree of monetization of the Greek economy, the trade and its crucial role in the characterization of the economy (modernism vs. primitivism ...
Hesiod active 750 to 650 BC, a Boeotian who wrote the earliest known work concerning the basic origins of economic thought, contemporary with Homer. [3] Of the 828 verses in his poem Works and Days, the first 383 centered on the fundamental economic problem of scarce resources for the pursuit of numerous and abundant human ends and desires.
Landscape resulting from the ruina montium mining technique at Las Médulas, Roman Spain, one of the most important gold mines in the Roman Empire. The main mining regions of the Empire were Spain (gold, silver, copper, tin, lead); Gaul (gold, silver, iron); Britain (mainly iron, lead, tin), the Danubian provinces (gold, iron); Macedonia and Thrace (gold, silver); and Asia Minor (gold, silver ...
National economies can be run from the top down, so to speak, in what is sometimes called a command economy or they can be run from the bottom up in what is sometimes called a free market. In the ...
The Ancient Economy is an influential book about the economic system of classical antiquity written by the classicist Moses I. Finley. [1] It was originally published in 1973 with new editions in 1985 and 1992. Finley interpreted the economy from 1000 BC to AD 500 sociologically rather than through use of economic models (as did Michael ...
[2] [3] The temple economy (or temple-state economy) is a similar concept. The concept of economic distribution is at least as old as the advent of the pharaohs . Anthropologists have noted many such systems, from those of tribesmen engaged in common subsistence economies of various sorts to complex civilizations, such as that of the Inca ...