Ancient Greece Economy

​Ancient Greece's Economy and Culture

Social Studies​

​Lets first define Economy

​Economy is

The process or system by which goods and services are produced, sold, and bought in a country or region​.

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There are two main kinds​ and both were born in the times of ancient Greece.

A barter economy is a cashless economic system in which services and goods are traded at negotiated rates.

Barter-based economies are one of the earliest, predating monetary systems and even recorded history. People can successfully use barter in many almost any field.​

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​Key word Exchange

​Barter Economy

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​Economics Follows many principles, rules and laws.

​There's one rule in economics which is really important.

Everybody wants something and everybody have something to give.​

Theres another main kind of economy​

Is a system or stage of economic life in which money replaces barter in the exchange of goods.​

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​Key word Exchange

​Money Economy

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Multiple Select

What is Economy?

• A law that everyone must follow to exchange goods and services.

• The Exchange of good and services

• The process or system by which goods and services are produced, sold, and bought in a country or region​.

• The Exchange of cards for the world cup's album.

Multiple Select

Which are the two main kinds of the economy?

• Barter

• Bater

• Money

• Switzerland

​Money economy origin

​It depends who you ask.

​Coinage = Money (in the Greek experience the two are equated) was invented in Greece or Asia Minor (Lydia) in the later seventh or earlier sixth century. The Greeks eagerly copied/adapted this innovation and it spread rapidly in their cities during the sixth century. The result was a profound transformation in Greek economy and society. Before the Greek adoption of coinage, the ancient Mediterranean world knew only primitive money, not money as we know it. Primitive money was incapable of generating the revolution that Greece experienced.

Some say it was in Phoenicia, and Mesopotamia​

​Ancient Greece's Culture

​Culture englobes lots of things like:

• Ancient Greece had lots of city-states.

• Marathons came from Ancient Greek times!

• About one-third of the Ancient Greeks were slaves.

• The juries were huge!

• They worshipped many Gods and Goddesses.

• 12 of the Gods and Goddesses lived on Mount Olympus.

• Greeks called themselves 'Hellenes'.​

Culture is everywhere.​

​Literature and theatre was an important aspect of Greek culture and influenced modern drama.

Greek culture influenced the Roman Empire and many other civilizations, and it continues to influence modern cultures today.

​Literature and Drama

The art of thinking is the base of most of their developments and even those from nowadays.

​Philosophy

​Their main Developments were

The Greeks were known for their sophisticated sculpture and architecture.​