Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Thursday, April 24, 2008

Economy and Trade

http://en.wikipedia.org/wiki/Ancient_Greece#Society

Economy

At its economic height, in the 5th and 4th centuries BC, ancient Greece was the most advanced economy in the world. According to some economic historians, it was one of the most advanced preindustrial economies. This is demonstrated by the average daily wage of the Greek worker which was, in terms of wheat, about 12 kg. This was more than 3 times the average daily wage of an Egyptian worker during the Roman period, about 3.75 kg.