Science, asked by thakursaabsaab75, 1 month ago

Explain the economy of the Arab Empire.​

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Answered by TanujaGHOSH
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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.

Answered by shingmadhulika
0

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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