25 Ancient Greece Economy

What does the word 'economy' mean in the context of Ancient Greece?

• How a civilization develops its religious beliefs and practices.

• How a civilization governs its people and enforces laws.

• How a civilization builds its infrastructure and architecture.

• How a civilization makes money through the buying and selling of goods and services.

TRUE/ FALSE: The Mycenaeans didn’t think trade had to be conducted peacefully.

They often attacked other kingdoms.

• True

• False

• It was the Greek gods and goddesses, not the Mycenaeans.

TRUE/FALSE: Much of the soil in Greece was not good for farming, so the Greeks depended upon trade.

• True

• False

• Partially true. One area near the desert had excellent soil for farming.

How did Greece's location near the sea most contribute to the growth of Ancient Greece’s economy?

• By supplying water for irrigating crops

• By providing easy access to trade routes

• By creating a natural barrier from enemies

• By generating power for watermills

Which one of the following statements most accurately describes the Minoan civilization?

• 1. The Minoans were a royal family that became the leaders of a kingdom established in a former Persian territory on the Ionian Sea.

• 1. The Minoans were early ancestors of the Greeks, who migrated from the Red Sea and were the first people to speak and write the Greek language.

• 1. The Minoans were expert shipbuilders, who made many artifacts showing marine life and established trade networks across the Mediterranean Sea.

• 1. The Minoans were pirates, who invaded port cities on islands across the Aegean Sea and built magnificent palaces dedicated to Poseidon.

 Why did the Greeks establish several colonies around the Mediterranean Sea?

• 1. They wanted to discover new locations to resettle prisoners of war from other civilizations.

• 1. They wanted to explore other areas of the world and find an alternate travel route to Asia.

• 1. They wanted to increase their wealth through trade and support their growing population.

• 1. They wanted to set up factories in remote areas that would not interfere with the daily lives of citizens.