Ancient Egypt had some really fascinating ways of trading and handling their economy. Over time, their methods changed a lot, especially when it came to using money and trading things.
Barter System: In the beginning, people in Ancient Egypt mostly traded by barter.
This means they swapped goods directly without using any money.
Some common items they traded were:
Emergence of Currency: Then, during a time called the Middle Kingdom (around 2055–1650 BCE), the Egyptians wanted a better way to trade.
So, they started using:
Trade Routes: By around 1500 BCE, they developed trade routes that reached far and wide.
These routes included places like Nubia, the Levant, and the Mediterranean Sea.
This made it easier for people to trade special items like:
Standardization: To make trading fair and simple, Egyptians set rules for weights and measures.
For example, a common weight for gold was about 9.1 grams.
This was a standard amount used in trading.
Overall, moving from a barter system to using money helped Ancient Egypt's economy grow.
It also made it easier for them to trade with other regions!
Ancient Egypt had some really fascinating ways of trading and handling their economy. Over time, their methods changed a lot, especially when it came to using money and trading things.
Barter System: In the beginning, people in Ancient Egypt mostly traded by barter.
This means they swapped goods directly without using any money.
Some common items they traded were:
Emergence of Currency: Then, during a time called the Middle Kingdom (around 2055–1650 BCE), the Egyptians wanted a better way to trade.
So, they started using:
Trade Routes: By around 1500 BCE, they developed trade routes that reached far and wide.
These routes included places like Nubia, the Levant, and the Mediterranean Sea.
This made it easier for people to trade special items like:
Standardization: To make trading fair and simple, Egyptians set rules for weights and measures.
For example, a common weight for gold was about 9.1 grams.
This was a standard amount used in trading.
Overall, moving from a barter system to using money helped Ancient Egypt's economy grow.
It also made it easier for them to trade with other regions!