WORLD HISTORY

HISTORY

ANCIENT GREECE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did Corinth’s location contribute to its economic (money) power?
A
Corinth had a strong trade economy due to its coastal location. Because they controlled the Isthmus of Corinth, they probably charged crossing ships a toll or tax to get through.
B
Corinth had a strong trade economy due to its coastal location. Everyone wanted to live there and buy homes on their luxurious beaches.
C
Corinth had a strong trade economy due to its coastal location. They made a large amount of money from fishing and trading on the sea.
D
Corinth had a strong trade economy due to its location next to your house. They’re always stealing your snacks, so they never have to buy their own food.
Explanation: 

Detailed explanation-1: -As did other places in the ancient world, Corinth had agriculture as its fundamental economic activity, especially in the Archaic Period (700-480 b.c.e.).

Detailed explanation-2: -The Corinthians were also known for their wealth due to their strategic location on the isthmus, through which all land traffic had to pass en route to the Peloponnese, including messengers and traders.

Detailed explanation-3: -Corinth was a trade city in an ideal location that allowed it to have two seaports, one on the Saronic Gulf and one on the Corinthian Gulf. As a result, the city was one of the wealthiest cities in Ancient Greece. The Corinthians developed their own coins and required that traders use them when in their city.

Detailed explanation-4: -The Corinth Economic Development Corporation (CEDC), a Type B Corporation established by local option election, is a nonprofit corporation managed by a Board of Directors to promote economic development, job creation and a high quality of life in Corinth. Number of Members: 7 regular members.

Detailed explanation-5: -The Greek city of Corinth was founded in the Neolithic Period sometime between 5000-3000 BCE. It became a major city in the 8th century BCE and was known for its architectural and artistic innovations including the invention of black-figure pottery.

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