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Ancient Baghdad, particularly during the Abbasid Caliphate, was a vital trade hub due to its strategic location along key trade routes, including the Silk Road. Merchants exchanged a variety of goods such as silk, spices, and precious metals, facilitated by the city's flourishing markets and diverse population. The House of Wisdom in Baghdad also contributed to the exchange of knowledge and technology, enhancing trade efficiency. Additionally, the use of coins and credit systems promoted commercial transactions, fostering economic growth in the region.

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1mo ago

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