ACS 103 Study Guide - Mycenaean Greece, Barter, Hoplite

• School: Ryerson University
• Department: Arts and Contemporary Studies
• Course: ACS 103
• Professor: Ron Babin

Document Summary

With the destructions of mycenaean civilization the previous economic model (store house) was swept away and was replaced by farm house economy. Farm house was similar to a free market economy. The house or oikos was crucial to greek society. Agriculture was the primary generator of values. Services would be secondary to agrarian society and serve them (i. e. blacksmith provides tools to farmers) In the early greek state the economy was an exchange or barter economy with no coinage. Very little wealth in the early greek states only real lasting wealth was metal from weapon and tools. Very little transportation so what the person had to trade was what they could carry on their person. Only influx of wealth was from war after conquering another polis. Objective of trade was to get what you needed not acquire wealth ( if you needed food trade for food, if you need timber trade for timber)