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Economy of Ancient Greece

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10 Questions

What crops did not grow well in Greece?

Wheat and barley

What luxury items were imported by the Greeks from the Middle East and Egypt?

Glass, rugs, and ivory

What two products were the Greeks most skilled at producing?

Olives and grapes

What was the purpose of developing Greek amphorae?

To transport liquids such as olive oil and wine

How did city-states control international trade?

By taxing merchants and imports

What was the advantage of using coins in international trade?

It standardized the value of products

What was the purpose of taxing merchants in international trade?

To support government employees and public works

Why did the Greeks start making coins around 550 BC?

To standardize the value of products in international trade

What was the significance of Greek pottery in international trade?

It was a primary export of Greece

What was the main benefit of using coins in negotiating trade values?

It provided a standard unit of value

Explore the essential role of the economy in ancient Greek civilization, which encompassed city-states like Athens and Sparta. Learn about the economic activities, trade, and financial systems that shaped the economy during this period.

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