In today’s successful world, ancient Greece has played an important role in building the base of the country’s development and the prosperity of today. Whether it is a small contribution or a vast one, ancient Greece civilization is the secret behind the majority of countries growing rapidly. The Greek civilization excelled in many areas, which influences our life today: socially, politically, and economically as they have had a massive implication for the development of mankind. They understood the human propensities and the mind of the human; they were cultured so they didn’t want to get in any sort of interference in war. The approaches to government or the innovation that have affected socially or in the finance of a country economically, …show more content…
Food, raw materials, and manufactured goods were not only made available to Greeks for the first time but the export of such classics as wine, olives, and pottery facilitated to spread Greek sophistication to the broader world. ("Trade in Ancient Greece.") They used to take taxes of the movement of goods, besides that they also took ten percent transportation charge on the Black sea traffic built to Athens, there were also procedures taken to protect trade. For instance, Athens taxed the citizens who had dealings with loan or the merchants failed to deliver a specific percentage of their cargo. ("Trade in Ancient Greece.") Comparably in this century trading has been generated most being alike of the Greece in merchandising but with tremendously advanced technology being utilized. Usually in today’s world many countries are know as “ trade-dependent economy” or “export-oriented economy” because it is when international trade makes up a large percentage of it’s economy. ("Trading …show more content…
Particular courts were recognized to tempt traders to elect Athens as the dealing partner, so Athens could assist protective deposits and the opportunity to exchange money by the private banks. ("Trade in Ancient Greece.”) By the fifth hundred B.C. the ancient city-states began creating their own coins as a representation for the city, the merchants took the money from their city while trading. Those traders then had to find a money exchanger to exchange in the cities they were going to acquisition or trade. Additionally, there would be a five to six percent fee charged from their money into a foreign or a local currency. (“Money in Ancient Greece.") The currency exchange that takes place today has many similarities and a little difference. The main difference is that a now a whole nation has the same currency, where as in the ancient days they had currency for each city if the city were strong enough. In the present they take low margins of a relative profit but not as much as the Greece would charge, because in those days these methods weren’t easy procedures to go through. ("Foreign Exchange