Question

In: Economics

How does Greece's Culture impact trade? (international trade). Please list any references that are used.

How does Greece's Culture impact trade? (international trade).

Please list any references that are used.

Solutions

Expert Solution

Although numerous ancient cultures traded between nearby kingdoms, the Ancient Greeks were few of the first people who believed on an advanced system of international trade and commerce. Ancient Greece was not a empire or single kingdom, however was a collection of main cities that each had its own independent government, known as city-states. The city-states of Ancient Greece first traded among each other. Bet because the soil in Greece is only good for growing a certain kinds of plants, thus the Greeks had to start trading with other cultures with a motive that they could have enough food to support a growing population. The simplest approach to get to those cultures was by sailing across the Mediterranean Sea. They followed it and with passage of time Greeks became excellent sailors and established complex networks of trade with people all across the Mediterranean region as early as the 6th century BC

The Greeks were main importers of wheat, barley, cheese, and pork as Greece did not grow these. Few trade goods were categorised luxury items because a certain culture was especially talented at making them. The Greeks were also main importers of ivory, glass and rugs from the Middle East and Egypt. In return for the items they imported, the Greeks exported the products that they were the best at producing. Thus Greece Culture laid a foundation of international trade as they became involved with an early network of international trade


Related Solutions

what is a tariff and how does impact international trade?
what is a tariff and how does impact international trade?
How does international trade impact you as a consumer and as a future titan of industry?...
How does international trade impact you as a consumer and as a future titan of industry? What would new trade restrictions or trade deals mean to you as a consumer, and what would they mean for your firm? In a global economy with free trade between countries, what kind of industry would you like your firm to be in, or what good/service or type of good/service would you like your firm to produce? Trump’s trade wars. Who are they good...
how does culture impact the way infants learn
how does culture impact the way infants learn
The impact of Trump policies on international trade.
The impact of Trump policies on international trade.  
Money and Culture, Discuss the role of the International Monetary Fund in global trade and how...
Money and Culture, Discuss the role of the International Monetary Fund in global trade and how this differs from the role of the World Bank.
How does Costa Rica trade agreement impact doing business in this country? How does it impact...
How does Costa Rica trade agreement impact doing business in this country? How does it impact business in the US? Who profits the most from the trade agreement? Who profits the least? Why?
In at least 225 words answer the following: (Please cite any references used) What is the...
In at least 225 words answer the following: (Please cite any references used) What is the difference between top-down and participative budgeting? Which method do you think is the most effective, and why?
1a.Discuss the impact of international trade on the incomes or reward of factors in the international...
1a.Discuss the impact of international trade on the incomes or reward of factors in the international trade b.Do you agree on the statement?" a difference in factors endowment will cause the production of two nations to be shaped differently" .Explain your answer c.Using relevant examples explain how economies of scale can affect international trade
Impact of international trade on Nigeria and DRC economies.
Evaluate the reasons why the economic growth of Nigeria vs. the Democratic Republic of the Congo (Civility vs. Chaos) varied. Discuss how international trade influenced the strength of each economy. Discuss the role of value chains and value-added production.
Survey how laws, HRM Systems and Culture impact managerial practices for international businesses
Survey how laws, HRM Systems and Culture impact managerial practices for international businesses
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT