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The Business Life Of Ancient Athens
Beginning of paper
is an informative book about
different aspects of Ancient businesses and Ancient ways of dealing with money.
This book first starts out by explaining the agricultural aspects of Ancient
Athens. Agriculture was not well for Athens, so they had to trade a lot. It is
recorded as early as the 6th century BC that grain was a very big part of an
ave ....
Middle of paper
....o
get 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 the
money back, or something or other. Therefore the idea of a collateral was
invented. Also, courts were establ.... |
| Word count: 1356 |
Page count: 5 |
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