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A developed after the Lydians introduced coined money to use in trade?
a large scale economy
Developed after the Lydians introduced coined money to use in trade?
The concept of coined money was introduced by the Lydians around the 7th century BC to facilitate trade and simplify transactions. Coined money, minted by the Lydian King Alyattes, consisted of electrum, a naturally occurring alloy of gold and silver. This innovation helped standardize values and promote economic growth in the region.
What did the Phoenicians do to make trade easier?
They had a fleet of armed vessels to conduct the trade, and established trading depots in the areas of interest.
How does fair trade help sustainable development?
fair trade helps sustainable development by giving the poor people much more money
What land of the people who introduced coined money as a medium of exchange in trade?
Coins came into use about the same time in Asia minor (present-day Turkey) and in China.
Did the shawnee use any form of money?
No the Shawnee didn't have a form of money they would only trade skin or food or more thinks to change to trade.
What Land of the people introduced coined money as a medium of exchange in trade?
Indus valley civilization according to history tells about that India is the first country to issue coins for trading.
What were the advantages for Athens' of coined money?
One of the advantages is that trade became easier . After switching from the barter system to do this trade was a lot simpler. Around 570 B.C they switched to coins . The Government made the coins. People were willing trade their goods for coins. Coins could also buy anything.
How has trade change people lives?
Fair trade has changed the lives of people in the third wold by giving them money from the products they produce. I hope this helps.
When was Taiwan External Trade Development Council created?
Taiwan External Trade Development Council was created in 1970.
What is the History of trade union development in Trinidad?
trade union
What is Definition of domestic strategy?
A domestic strategy is one that is used to get money through trade and development programs. International labor standards are also encouraged.
