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Economy and Trade of Mesopotamia

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Melody Moayedi

on 17 February 2011

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Transcript of Economy and Trade of Mesopotamia

Economy and Trade of Mesopotamia Babylonians Economy based upon agriculture, animal breeding, manufacturing (textiles) and trading. Assyrians Sumerians Akkadia The economy was also supported through the taxing of the people by the King Their main trade route was between the Persian Gulf and the Mediterranean Sea They traded surplus food for raw materials like copper, gold and wood They became an important fixture in the Middle Eastern Trade network, moving goods from places such as India, Europe, Persia, Anatolia and Egypt Goods were exchanged on a barter system with silver as the standard of exhange The King often controlled the value of certain goods and certain times but usually the price of goods was allowed to change according to supply and demand Sumerians grew more food then they needed so they would trade the surplus food. They traded on land and used ships to transport goods. They traded with countries in the Persian Gulf They traded food as well as leather products, metalwork and pottery. There was no money system but a barter system was used Those who could not support themselves with their own crop could “borrow” the crops from other people but if they could not repay their loan next harvest they would be forced to five up their land The economy was based upon farming, although after more land was acquired this was spread to mining and forestry The Assyrians made a lot of money through warfare, by either taking the spoils of war or taxing their enemies They traded tin, lead, textiles and surplus grain for precious metals and stone The Assyrians traded only what they had in surplus and used a barter system to trade The Assyrians gained most of their natural resources by taking over the land of others and stripping those areas of their resources Their economy was dependent on their agriculture Had a surplus of crops but were lacking in metal ores, timber and building stones They imported raw materials from Turkey, Syria, Arabia, Iran, Afghanistan and the Indus Valley The Akkads used their military to take control over many trade routes allowing an easy trasport of iteams such as wood and precious metals By taking over these trade routes he also forced the Akkadian language to be the central language between all trade routes
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