Social Sciences, asked by baisaliniparida, 8 months ago

how did greeks influence our coinage system ​

Answers

Answered by vasishtavardhan11198
3

The history of ancient Greek coinage can be divided (along with most other Greek art forms) into four periods, the Archaic, the Classical, the Hellenistic and the Roman. The Archaic period extends from the introduction of coinage to the Greek world during the 7th century BC until the Persian Wars in about 480 BC. The Classical period then began, and lasted until the conquests of Alexander the Great in about 330 BC, which began the Hellenistic period, extending until the Roman absorption of the Greek world in the 1st century BC. The Greek cities continued to produce their own coins for several more centuries under Roman rule. The coins produced during this period are called Roman provincial coins or Greek Imperial Coins.

Answered by smartbrainz
4

Due to the influence of Greek cities, coinage became a popular form of money that spread rapidly over the entire Mediterranean world and beyond.

Explanation:

  • In the later seventh or earlier sixth century, coinage was invented in Greece or Asia Minor (Lydia). This innovation was eagerly copied and adapted by the Greeks and rapidly spread in the sixth century. This resulted in a profound change in the Greek economy and society.  
  • The Mediterranean world knew only primitive money, not money as we know it, before the Greek adoption of coinage. Primitive money was unable to generate the Greek revolution. Some of the first coins in history originate from ancient Greece, where markets depended on gold, silver and copper coins to function.
  • Coinage of Indo-Greek kingdom began to increasingly influence coins from other regions of India by the 1st century BCE. By this time a large number of dynasties, tribes, and kingdoms began issuing their coins.
  • Early Greek coins were at the origin of Indian punch-marked coins, the earliest coins developed in India, which used minting technology derived from Greek coinage. Punch-marked coins were a type of early Coinage of India, dating to between about the 6th and 2nd centuries BCE. India may have developed some of the first coins in the world. The coins of this period were punch-marked coins called Puranas, Karshapanas or Pana.
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