Economy of Ancient Greece

Wheat and barley were difficult to cultivate in Greece.

Greeks imported glass, rugs, and ivory.

Greeks excelled at producing olives and grapes.

Greek amphorae were developed to transport liquids like olive oil and wine.

City-states taxed merchants and imports to control international trade.

Coins standardized the value of products in international trade.

Taxing merchants supported government employees and public works.

Greeks began minting coins to standardize product values in international trade around 550 BC.

Greek pottery was a primary export, traded internationally.

It provided a standard unit of value in trade negotiations.