Write paragraph on needs and wants of ancient communities and how they exchanged their goods include logical arrangements of facts
Answers
Commerce was very developed in ancient times. Because ancient communities used exchange of goods as a replacement for money. Various goods were exchanged for others.
For example ancient Egyptians were doing commerce with their neighbors in order to get rare and exotic goods not found in Egypt. It has been established by archeologists that they established commerce with Palestine in order to obtain gold and other manufactured goods. They were traveling long distances, meeting in certain key points or going directly to markets in the ancient cities, were the exchange was made. Many of the obtained goods were then offered to Gods and the Pharaohs. Other ancient communities, such as Babylon, were doing commerce in similar ways.
Commerce become very important because is was a reason to develop one of the first types of writing: cuneiform writing. Also, bureaucracy appared. In order to control the trading routes registers, contracts and clear laws on the transport of goods were needed.
Commerce was also a strong indication of how strong a community was, so it was very important to keep monopoly in trading certain goods.
Business sector was highly developed in ancient times.
This is due to the fact that ancient communities practiced exchange or barter system considering goods as a replacement of money.
Ancient Egyptians were doing business with neighboring countries in order to get rare goods not available in Egypt.
It has been reported by archeologists that they established commerce with Palestine in order to obtain gold and other goods which were not manufactured in Egypt.
They had to travel long distances, meeting in a certain key location or going directly to markets in the ancient cities, where the exchange was made.