Question

Explain the economy of the Arab Empire.​

Answer 1

Answer:

Economy in the Caliphate and Islamic empires

An early market economy and early form of merchant capitalism developed between the 8th and 12th centuries. A vigorous monetaryeconomy developed based on the wide circulation of a common currency (the dinar) and the integration of previously independent monetary areas.

Answer 2

Answer:

Economy in the Caliphate and Islamic empires

An early market economy and early form of merchant capitalism developed between the 8th and 12th centuries. A vigorous monetary economy developed based on the wide circulation of a common currency (the dinar) and the integration of previously independent monetary areas.

Explanation:

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