Class Notes (837,550)
Canada (510,314)
CLST 100 (116)

October 25, 2012- Trade and Currency.docx

3 Pages
Unlock Document

Classical Studies
CLST 100
Christina Zaccagnino

Trade and Currency  Each city issued their own coins  In the majority of cities trade was used instead of coins, as currency was not accepted abroad  If one did not want to participate in trade they could export silver, which always made a profit  Coins were not widely used  Trade occurred mainly by sea because it was easier to reach the cities on the coast  Athens had two harbours  Astunomoi= officials of civic order  Agoranomoi= officials of the market  Metronomoi= officials of weights and measures  Sitophulakes= officials for grain supply  Athens had control of the Mediterranean sea  Some materials were just available in some areas of the Mediterranean Bottomry loan  First attested in 421 BCE  Trade by sea always meant the risk of shipwreck  The person whose cargo it was could lose everything if the ship did crash, but to avoid this, the Bottomry loan was used  Money was taken from the Bottomry loan to buy the cargo, and if the ship reached its destination safely and sold the cargo, the person could pay back the loan o However, the interest rates were very high Slavery Aristotle, Politics 1253b, 33: An animate or ensouled piece of property  Slaves worked in banks, in the police force, etc.  It was important for a household to have slaves  The presence of slaves made Athens’ democracy work o The free man had free time to go to the assembly, be jurors etc.  It was possible to become a slave if you could not pay back your debts/loans  In Athens the men who had less rights were slaves or foreigners  Slaves were often from other areas  They were easily recognizable by certain characteristics, such as their hairstyle (short hair for women) or tattoos.  Greeks would not have tattoos, so only foreign slaves did Metoikos
More Less

Related notes for CLST 100

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.