WORLD CIVILIZATION

CIVILIZATION

ASSYRIAN

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What economic change happened during the Persian empire?
A
They changed from a barter economy to a money economy
B
They changed from a money economy to a barter economy
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Darius introduced a standard currency-a gold coin known as a daric. Having a standardized currency encouraged more economic activity within the empire by making transactions easier.

Detailed explanation-2: -The main source for Persia’s economy was through agriculture and its system of dividing up state lands. However, most of the actual finances in Persia came from a well-established tax and tribute system; there was even a system of coinage.

Detailed explanation-3: -The Persian Empire began to decline under the reign of Darius’s son, Xerxes. Xerxes depleted the royal treasury with an unsuccessful campaign to invade Greece and continued with irresponsible spending upon returning home. Persia was eventually conquered by Alexander the Great in 334 B.C.E.

Detailed explanation-4: -The Persian economy was strong and centralized. King Darius, one of the most well-known rulers of the Persian Achaemenid Empire, introduced the empire’s first system of coinage, which was called the daric.

Detailed explanation-5: -The royal family was at the top of the social hierarchy, followed by the priest class, the aristocracy and military, then the merchants, artisans, and craftsmen, with the peasantry at the bottom.

There is 1 question to complete.