answersLogoWhite

0

What is ancient debt?

Updated: 12/10/2022
User Avatar

PaulineJoyMayuga

Lvl 1
10y ago

Best Answer

Ancient debt is the idea that debt traces back to ancient times.Ê Often times kings and rulers would take all the property away from a debtor, ocassionaly debts would be forgiven.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is ancient debt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What did Solon outlaw to bring an end to turmoil in ancient Athens?

Solon outlawed debt slavery which is when people with severe debt would sell themselves into slavery to get out of debt.


what debt did Romans owe to the ancient Greek?

art


West owes a great debt to ancient Arabic and Hindu cultures?

True.


This person abolished slavery as a way of repaying a debt in ancient Greece?

Solon


What has the author Harland Lyle Hurley written?

Harland Lyle Hurley has written: 'Our debt to ancient and medieval civilizations' -- subject(s): Ancient Civilization, Curricula, Education, Medieval Civilization


Who passed a law outlawing slavery based on debt?

Solon, an Athenian statesman and lawgiver, enacted laws in ancient Athens that abolished debt slavery. These laws were aimed at alleviating the economic hardships faced by the lower classes and preventing citizens from falling into perpetual bondage due to debt.


Solon established a law which prohibited enslaving people in debt true or false?

True. Solon, an Athenian statesman, established a law known as the Seisachtheia which abolished debt slavery in ancient Athens. This reform aimed to alleviate economic hardships faced by those in debt and promote social stability.


What were the two main ways that people were enslaved in the ancient world?

Many cultures of the ancient world were dependent on slave labor, in ancient Rome and Greece for example, prisoners of war, furnished by imperial expansion and conquer, served the larger part of the workforce. It was also not uncommon for citizens to go into debt slavery.


Where can one find a list of debt collectors in the UK?

There are sites online that advertise their debt collection business. Some of these Debt Collectors are UK Debt Collection, Debt Recovery UK, Debt Collect and Debt Recovery Plus.


Can you forget a debt a debt or have a debt forgiven and not have it hurt your credit?

When a debt is forgiven (a forgetadebt as you call it), it will be reported to the credit bureaus. But you will have less debt, which is a positive.


Debt Financing ?

form_title= Debt Financing form_header= Get control of your debt with financing help. How much are you in debt?*= _ [50] Have you ever worked with a debt financing company?*= () Yes () No How do you plan on getting out of debt?*= _ [50]


Is Public debt or External debt bigger?

The Public Debt is debt that is owed by the Government of the United States. The External Debt is that is owed to foreign countries. The current Public Debt is $16,738,541,240,281.19 that over 16 Trillion dollars. The external debt is approximately $15,940,978 that is a lot less than the public debt.