Did ancient Babylon have a commodity economy? Economic Development in Ancient Babylon

At that time, the economy could not be called a commodity economy, the commodity economy was the development of commerce to a certain level, it could only be called that, at that time there was only commerce, it could not be called an economy, it was called an economic explanation, after the formation of a system, there was a certain scale, so there was no commodity economy at that time.

Cuba's B-round society should have a commodity economy, and the commodity economy has appeared at the end of the primitive society, so Cuba's B-round society should be made up of commodity production and commodity exchange.

Yes The Code of Hammurabi is very extensive and provides a clear understanding of ancient Babylonian society. Which provisions of the Code indicate that the ancient Babylonian kingdom had a more active commodity economy, such as exchange and lending, leasing and employment, etc.

Ancient Babylon was supposed to have had a commodity economy, just as there was no currency to exchange commodities, which was also an economic method.

Ancient Babylonian Kingdom In the mid-19th century BCE, the Amorites destroyed the Sumerian Third Dynasty of your and established the Kingdom of Babylon with the city of Babylon as its capital. In 1792BC, the sixth king Hammurabi (c. 1792 BC 1750 BC) ascended the throne, conquered the Sumerians and Akkadians, unified the Mesopotamian plain, and established a strong ** centralized state, which became a typical example of the ancient slave state in West Asia. Historically known as the Kingdom of Ancient Babylon (c. 1894 BC to 1595 BC).

The Code of Hammurabi was the first relatively complete legal code in ancient Western Asia. This is the world's first relatively complete written code, but not the earliest, the earliest is called the "Urnam Code". The economy and culture are highly developed, especially mathematics and astronomy.

After Hammurabi's death, the empire collapsed. The kingdom was invaded by the Hittites and then the Kassites until it was finally annexed by the Assyrian Empire in 729 BC.

Ancient Babylon also had a commodity economy, albeit on a smaller scale.

Slavery in the ancient Babylonian kingdom in the 19th and 16th centuries BC in the Euphrates and Tigris rivers. A representative socio-economic system in the countries of ancient Western Asia.

Overview By the time of the ancient Babylonian kingdom, bronze tools had been widely used, agriculture had developed considerably, and the area of irrigated land had expanded. According to archaeological discoveries, the clay tablet almanac (109 lines) written in Sumerian around 1700 B.C. is the earliest known almanac for peasants. In terms of its content (from irrigation, tillage to harvesting), it is an agricultural handbook for small homesteaders.

It reflects the predominance of small farmers in ancient Babylonian slave societies, the main food crop being barley, the sophistication of agricultural tools, and the emphasis on irrigation systems. King Hammurabi set up "river stewards", officials who managed the irrigation network. In the time of Hammurabi, the excavation of canals and the strict management of irrigation networks promoted the development of agriculture.

There is also a great development of the handicraft industry.