what are some drawbacks of trade for ancient egypt?
Answers
Answer:
Trade has always been a vital aspect of any civilization whether at the local or international level. However many goods one has, whether as an individual, a community, or a country, there will always be something one lacks and will need to purchase through trade with another. Ancient Egypt was a country rich in many natural resources but still was not self-sufficient and so had to rely on trade for necessary goods and luxuries.
Trade began in the Predynastic Period in Egypt (c. 6000 - c. 3150 BCE) and continued through Roman Egypt (30 BCE-646 CE). For most of its history, ancient Egypt's economy operated on a barter system without cash. It was not until the Persian Invasion of 525 BCE that a cash economy was instituted in the country. Prior to this time, trade flourished through an exchange of goods and services based on a standard of value both parties considered fair.
Answer:
Trade has always been a vital aspect of any civilization whether at the local or international level. However many goods one has, whether as an individual, a community, or a country, there will always be something one lacks and will need to purchase through trade with another. Ancient Egypt was a country rich in many natural resources but still was not self-sufficient and so had to rely on trade for necessary goods and luxuries.
Trade began in the Predynastic Period in Egypt (c. 6000 - c. 3150 BCE) and continued through Roman Egypt (30 BCE-646 CE). For most of its history, ancient Egypt's economy operated on a barter system without cash. It was not until the Persian Invasion of 525 BCE that a cash economy was instituted in the country. Prior to this time, trade flourished through an exchange of goods and services based on a standard of value both parties considered fair