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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 ...
Greece experienced a sustained depression with the onset of the Global Financial Crisis, as real GDP per capita declined by 20% over the period 2007–2017. [25] Greece entered into the longest and largest depression for a modern middle- or high-income country. [25] By April 2010 the government realized that it would need a rescue package.
An ear of barley, symbol of wealth in the city of Metapontum in Magna Graecia (i.e. the Greek colonies of southern Italy), stamped stater, c. 530–510 BCE. During the early time of Greek history, as shown in the Odyssey, Greek agriculture - and diet - was based on cereals (sitos, though usually translated as wheat, could in fact designate any type of cereal grain).
Greek Crimea concerns the ancient Greek settlements on the Crimean Peninsula. Greek city-states first established colonies along the Black Sea coast of Crimea in the 7th or 6th century BC. [1] Several colonies were established in the vicinity of the Kerch Strait, then known as the Cimmerian Bosporus. The density of colonies around the Cimmerian ...
Western Europe was forced to discover new trading routes, as happened with Columbus' travel to the Americas in 1492, and Vasco da Gama's circumnavigation of India and Africa in 1498. The numerous wars did not prevent European states from exploring and conquering wide portions of the world, from Africa to Asia and the newly discovered Americas.
Saffron cultivation in Europe declined steeply following the fall of the Roman Empire. For several centuries thereafter, saffron cultivation was rare or non-existent throughout Europe. This was reversed when Moorish civilisation spread from North Africa to settle the Iberian peninsula as well as parts of France and southern Italy.
Ancient Greek crafts (or the craftsmanship in Ancient Greece) was an important but largely undervalued, economic activity. It involved all activities of manufacturing transformation of raw materials, agricultural or not, both in the framework of the oikos and in workshops of size that gathered several tens of workers.
Ancient Greece (Ancient Greek: Ἑλλάς, romanized: Hellás) was a northeastern Mediterranean civilisation, existing from the Greek Dark Ages of the 12th–9th centuries BC to the end of classical antiquity (c. 600 AD), that comprised a loose collection of culturally and linguistically related city-states and communities.