Economic History Of Greece
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Economic History Of Greece
The economic history of the Greek World spans several millennia and encompasses many modern-day nation states. Since the focal point of the center of the Greek World often changed it is necessary to enlarge upon all these areas as relevant to the time. The economic history of Greece refers to the economic history of the Greek nation state since 1829. Earliest Greek civilizations Cycladic civilization Cycladic civilization is the earliest trading center of goods. It was extensively distributed throughout the Aegean region. Minoan civilization The Minoan civilization emerged on Crete around the time the early Bronze Age, it had a wide range of economic interests and was something of a trade hub, exporting many items to mainland Greece as well as the Egyptian Empire of the period. The Minoans were also innovators, developing (or adopting) a system of lead weights to facilitate economic transactions. Despite this Minoan civilization remained, for the most part, an agriculturally d ...
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Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the Geography of Greece, mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, featuring List of islands of Greece, thousands of islands. The country consists of nine Geographic regions of Greece, traditional geographic regions, and has a population of approximately 10.4 million. Athens is the nation's capital and List of cities and towns in Greece, largest city, followed by Thessaloniki and Patras. Greece is considered the cradle of Western culture, Western civilization, being the birthplace of Athenian ...
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Copper
Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable metallic form ( native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create ...
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Alexander The Great
Alexander III of Macedon ( grc, wikt:Ἀλέξανδρος, Ἀλέξανδρος, Alexandros; 20/21 July 356 BC – 10/11 June 323 BC), commonly known as Alexander the Great, was a king of the Ancient Greece, ancient Greek kingdom of Macedonia (ancient kingdom), Macedon. He succeeded his father Philip II of Macedon, Philip II to the throne in 336 BC at the age of 20, and spent most of his ruling years conducting a lengthy military campaign throughout Western Asia and ancient Egypt, Egypt. By the age of thirty, he had created one of the List of largest empires, largest empires in history, stretching from Greece to northwestern Historical India, India. He was undefeated in battle and is widely considered to be one of history's greatest and most successful military commanders. Until the age of 16, Alexander was tutored by Aristotle. In 335 BC, shortly after his assumption of kingship over Macedon, he Alexander's Balkan campaign, campaigned in the Balkans and reasserted control ...
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Philip II Of Macedonia
Philip II of Macedon ( grc-gre, Φίλιππος ; 382 – 21 October 336 BC) was the king (''basileus'') of the ancient kingdom of Macedonia from 359 BC until his death in 336 BC. He was a member of the Argead dynasty, founders of the ancient kingdom, and the father of Alexander the Great. The rise of Macedon—its conquest and political consolidation of most of Classical Greece during his reign—was achieved by his reformation of the army (the establishment of the Macedonian phalanx that proved critical in securing victories on the battlefield), his extensive use of siege engines, and his utilization of effective diplomacy and marriage alliances. After defeating the Greek city-states of Athens and Thebes at the Battle of Chaeronea in 338 BC, Philip II led the effort to establish a federation of Greek states known as the League of Corinth, with him as the elected hegemon and commander-in-chief of Greece for a planned invasion of the Achaemenid Empire of Persia. Howe ...
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Ancient Macedonia
Macedonia (; grc-gre, Μακεδονία), also called Macedon (), was an ancient kingdom on the periphery of Archaic and Classical Greece, and later the dominant state of Hellenistic Greece. The kingdom was founded and initially ruled by the royal Argead dynasty, which was followed by the Antipatrid and Antigonid dynasties. Home to the ancient Macedonians, the earliest kingdom was centered on the northeastern part of the Greek peninsula,. and bordered by Epirus to the west, Paeonia to the north, Thrace to the east and Thessaly to the south. Before the 4th century BC, Macedonia was a small kingdom outside of the area dominated by the great city-states of Athens, Sparta and Thebes, and briefly subordinate to Achaemenid Persia. During the reign of the Argead king PhilipII (359–336 BC), Macedonia subdued mainland Greece and the Thracian Odrysian kingdom through conquest and diplomacy. With a reformed army containing phalanxes wielding the ''sarissa'' pike, PhilipII de ...
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Hellenistic Age
In Classical antiquity, the Hellenistic period covers the time in Mediterranean history after Classical Greece, between the death of Alexander the Great in 323 BC and the emergence of the Roman Empire, as signified by the Battle of Actium in 31 BC and the conquest of Ptolemaic Egypt the following year. The Ancient Greek word ''Hellas'' (, ''Hellás'') was gradually recognized as the name for Greece, from which the word ''Hellenistic'' was derived. "Hellenistic" is distinguished from "Hellenic" in that the latter refers to Greece itself, while the former encompasses all ancient territories under Greek influence, in particular the East after the conquests of Alexander the Great. After the Macedonian invasion of the Achaemenid Empire in 330 BC and its disintegration shortly after, the Hellenistic kingdoms were established throughout south-west Asia (Seleucid Empire, Kingdom of Pergamon), north-east Africa ( Ptolemaic Kingdom) and South Asia (Greco-Bactrian Kingdom, Indo-Greek Kin ...
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Rhodes
Rhodes (; el, Ρόδος , translit=Ródos ) is the largest and the historical capital of the Dodecanese islands of Greece. Administratively, the island forms a separate municipality within the Rhodes regional unit, which is part of the South Aegean administrative region. The principal town of the island and seat of the municipality is Rhodes. The city of Rhodes had 50,636 inhabitants in 2011. In 2022 the island has population of 124,851 people. It is located northeast of Crete, southeast of Athens. Rhodes has several nicknames, such as "Island of the Sun" due to its patron sun god Helios, "The Pearl Island", and "The Island of the Knights", named after the Knights of Saint John of Jerusalem, who ruled the island from 1310 to 1522. Historically, Rhodes was famous for the Colossus of Rhodes, one of the Seven Wonders of the Ancient World. The Medieval Old Town of the City of Rhodes has been declared a World Heritage Site. Today, it is one of the most popular tourist destina ...
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Unemployment
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * new technology, technologies and inventions * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * Policy, policies of the government * regulation and market (economics), market Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can influ ...
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Solon
Solon ( grc-gre, Σόλων;  BC) was an Athenian statesman, constitutional lawmaker and poet. He is remembered particularly for his efforts to legislate against political, economic and moral decline in Archaic Athens.Aristotle ''Politics'' 1273b 35–1274a 21 His reforms failed in the short term, yet Solon is credited with having laid the foundations for Athenian democracy.Stanton, G. R. ''Athenian Politics c. 800–500 BC: A Sourcebook'', Routledge, London (1990), p. 76.E. Harris, ''A New Solution to the Riddle of the Seisachtheia'', in ''The Development of the Polis in Archaic Greece'', eds. L. Mitchell and P. Rhodes (Routledge 1997) 103 His constitutional reform also succeeded in overturning most laws established by Draco. Modern knowledge of Solon is limited by the fact that his works only survive in fragments and appear to feature interpolations by later authors and by the general paucity of documentary and archaeological evidence covering Athens in the early 6th cen ...
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Roman Republic
The Roman Republic ( la, Res publica Romana ) was a form of government of Rome and the era of the classical Roman civilization when it was run through public representation of the Roman people. Beginning with the overthrow of the Roman Kingdom (traditionally dated to 509 BC) and ending in 27 BC with the establishment of the Roman Empire, Rome's control rapidly expanded during this period—from the city's immediate surroundings to hegemony over the entire Mediterranean world. Roman society under the Republic was primarily a cultural mix of Latin and Etruscan societies, as well as of Sabine, Oscan, and Greek cultural elements, which is especially visible in the Roman Pantheon. Its political organization developed, at around the same time as direct democracy in Ancient Greece, with collective and annual magistracies, overseen by a senate. The top magistrates were the two consuls, who had an extensive range of executive, legislative, judicial, military, and religious powers ...
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Athens
Athens ( ; el, Αθήνα, Athína ; grc, Ἀθῆναι, Athênai (pl.) ) is both the capital and largest city of Greece. With a population close to four million, it is also the seventh largest city in the European Union. Athens dominates and is the capital of the Attica region and is one of the world's oldest cities, with its recorded history spanning over 3,400 years and its earliest human presence beginning somewhere between the 11th and 7th millennia BC. Classical Athens was a powerful city-state. It was a centre for the arts, learning and philosophy, and the home of Plato's Academy and Aristotle's Lyceum. It is widely referred to as the cradle of Western civilization and the birthplace of democracy, largely because of its cultural and political influence on the European continent—particularly Ancient Rome. In modern times, Athens is a large cosmopolitan metropolis and central to economic, financial, industrial, maritime, political and cultural life in Gre ...
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Greek Economy
The economy of Greece is the 53rd largest in the world, with a nominal gross domestic product (GDP) of $222.008 billion per annum. In terms of purchasing power parity, Greece is the world's 54th largest economy, at $387.801 billion per annum. As of 2021, Greece is the sixteenth-largest economy in the European Union. According to the International Monetary Fund's figures for 2022, Greece's GDP per capita is $20,876 at nominal value and $36,466 at purchasing power parity. Greece is a developed country with an economy based on the service (80%) and industrial sectors (16%), with the agricultural sector contributing an estimated 4% of national economic output in 2017. Important Greek industries include tourism and shipping. With 18 million international tourists in 2013, Greece was the 7th most visited country in the European Union and 16th in the world. The Greek Merchant Navy is the largest in the world, with Greek-owned vessels accounting for 15% of global deadweight tonn ...
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