The Business Life Of Ancient Athens :: essays research papers

The caper Life of Ancient AthensThe Business Life of Ancient Athens is an informative keep back nearlydifferent aspects of Ancient businesses and Ancient ways of dealing with coin.This book first incisions out by explaining the agricultural aspects of AncientAthens. Agriculture was not rise for Athens, so they had to trade a lot. It isrecorded as early as the 6th century BC that grain was a very big spark of an clean Athenians diet. Therefore much grain trade was necessary becauseGreece land was very bad for agricultural purposes. Athens had grownindustrially and commercially within time, and this was as well a problemoverpopulation. Also, many an(prenominal) Spartan tribes over and over attacked Greece anddestroyed any crops that might grow in the soil. Peasants were also sent to conk out at farms but they lost care in their farms and found it better to live inthe city, living off small amounts of money that came from doing state services.During this time, many raft lear ned ways of math because they needed to knowhow much grain is needed per person. Although these calculations are nottotally accurate, they are a start in banking and maybe even other ways ofmathematics. The Peloponnesian War also occurred- leaving Greece(Attica) withnothing. Attica was forced by famine to go under Peloponnesian rule. By now,trade had come in an uproar. Many people had found it easy to trade by sea. Somany merchandisers with not enough money would lift out money from rich people andthen buy cargo space on a institutionalise. In most cases the merchant went on the ship to gain got the heavys to sell. Then on returning, the merchant would sell the goods,and then pay off the lender, with a 22.5 percent interest rate. In many cases,problems occurred, sometimes a merchant returned late, could not pay all of themoney back, or something or other. Therefore the idea of a collateral wasinvented. Also, courts were established to rule these sorts of fights amongstthe peopl e. These courts werent used in the spend because of stormy weatherand so not to interrupt commercial business. Courts were required to solve acase within 30 days, this procedure merely applies to cases where and authentic legaldocumented agreement was made between the lender and the merchant. Manymerchants did not return, therefore the collateral was the lenders to keep.But often the merchant didnt have anything good to start with so many lenderslost money.Next, the book talked about Banking and Bankers. Early banking datesback all the way to Sumer and Akkad where many specialized in slowness thingsThe Business Life Of Ancient Athens essays research papers The Business Life of Ancient AthensThe Business Life of Ancient Athens is an informative book aboutdifferent aspects of Ancient businesses and Ancient ways of dealing with money.This book first starts out by explaining the agricultural aspects of AncientAthens. Agriculture was not well for Athens, so they had to trade a lot . It isrecorded as early as the 6th century BC that grain was a very big part of anaverage Athenians diet. Therefore much grain trade was necessary becauseGreece land was very bad for agricultural purposes. Athens had grownindustrially and commercially within time, and this was also a problemoverpopulation. Also, many Spartan tribes over and over attacked Greece anddestroyed any crops that might grow in the soil. Peasants were also sent towork at farms but they lost care in their farms and found it better to live inthe city, living off small amounts of money that came from doing state services.During this time, many people learned ways of math because they needed to knowhow much grain is needed per person. Although these calculations are nottotally accurate, they are a start in banking and maybe even other ways ofmathematics. The Peloponnesian War also occurred- leaving Greece(Attica) withnothing. Attica was forced by famine to go under Peloponnesian rule. By now,trade had come in a n uproar. Many people had found it easy to trade by sea. Somany merchants with not enough money would borrow money from rich people andthen buy cargo space on a ship. In most cases the merchant went on the ship toget the goods to sell. Then on returning, the merchant would sell the goods,and then pay off the lender, with a 22.5 percent interest rate. In many cases,problems occurred, sometimes a merchant returned late, could not pay all of themoney back, or something or other. Therefore the idea of a collateral wasinvented. Also, courts were established to rule these sorts of fights amongstthe people. These courts werent used in the winter because of stormy weatherand so not to interrupt commercial business. Courts were required to solve acase within 30 days, this procedure only applies to cases where and actual legaldocumented agreement was made between the lender and the merchant. Manymerchants did not return, therefore the collateral was the lenders to keep.But often the merchant didnt have anything good to start with so many lenderslost money.Next, the book talked about Banking and Bankers. Early banking datesback all the way to Sumer and Akkad where many specialized in weighing things