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The Greek Economy

The Greek Economy . WHAT ECONOMY MEANT TO THE GREEKS.

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The Greek Economy

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  1. The Greek Economy

  2. WHAT ECONOMY MEANT TO THE GREEKS • The Greeks did not have the same meaning for economy as we did. In fact it meant “rules of a house hold” (“eco” meaning house and “nomy” meaning law.) They did not talk of a government economy policy but the Greeks still made things, bought things, sold things and used things, which is what an economy is.

  3. Greek jobs • Some of the jobs that the Greeks had to choose from included: • Fishermen – Fishermen were able to eat some of the fish that they caught and sell most of it in the markets. • Traders – Traders bought things at one port and sold them at another port, while making some profit along the way. • Soldiers – Soldiers were forced to pay tribute to their polis and conquer other city states. • Head of Household – With the exception of the women from Sparta, women had no rights and were forbidden to travel without the permission of their husband. A women’s only choice of jobs was to take care of her children and house.

  4. Trade Within Greece • Trade was a fundamental aspect of the ancient Greek world and following territorial expansion, an increase in population movements, and innovations in transport, goods could be bought, sold and exchanged. Foods, raw materials, and manufactured goods were not only made available to Greeks for the first time, but the export of wine, olives, and pottery helped to spread the Greek culture to the wider world. Most goods that were traded within Greece were traded between city states. The Greeks traded for goods such as gold, copper, and ivory that are found far from their place of production. So, they made an exchange network between Egypt, Asia Minor, the Greek Mainland, and islands such as Crete, Cyprus, and the Cyclades.

  5. Coinage Appearing in Greece • Originally ancient Greece employed a barter system in order to trade goods and services with city states and this worked well, but the Greeks began to create coins to promote buying and selling. They continued to trade yet they started to use coins. There were about 100 different polis’s with many differences and this was visible in the appearance and value of the coins. An Athenian Coin A Corinthian Coin

  6. bibliography • http://www.historyforkids.org/learn/greeks/economy/ • "Kidipede: History for Kids." Ancient Greek Economy. N.p., n.d. Web. 11 Dec. 2013. • http://www.ancient.eu.com/article/115/ • "Trade in Ancient Greece." Ancient History Encyclopedia. N.p., n.d. Web. 10 Dec. 2013. • http://www.ancient.eu.com/article/41/ • "Coinage in Ancient Greece." Ancient History Encyclopedia. N.p., n.d. Web. 11 Dec. 2013. • http://www.historyforkids.org/learn/greeks/economy/coins.htm • "Kidipede: History for Kids." Ancient Greek Coins. N.p., n.d. Web. 10 Dec. 2013.

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