Economic In Ancient Society

Economic in old-fashioned rolling

In ancient society and straighta counsels society, agriculture has to influence all economies. In todays society, we have converted from Agriculture to industrial. Most of the population are concentrated in the cities and they are nonagricultural. Only a few itemise of farmers still remain living on the countryside, working and producing viands to support nonagricultural population. Over all of antiquity, most of the population are farmers. They were self-subsistent, they produced pretty much e realthing that they consumed, and consumed pretty much everything they produced. Only a small class of people exempted from work (ruling class). Although farmers are working and providing food but they did non own their land and very poor. Ruling class, who live in the cities sponged-up much of the produce of the countryside by means of taxes and tribute, making them become very wealthy. On the other hand, in capitalist economy, cities and town produce most of our output today. Another in-chief(postnominal) difference between ancient economies and todays capitalism were slave labor. Slavery appeared nearly every ancient stinting society.



Slaves were nothing than a source of labor, who worked in the mines, on the latifundia, in the galleys under sickening conditions to provided a major impetus in keeping the economic machinery in motion. But not to be treated like human beings. In ancient society, surplus did not amount to much. Also, what surplus they did generate was apply to maintaining standing armies, monuments, arts, etc. If we contrast with capitalism, surplus on a much more vast scale. Much of the surplus today is consumed, but a substantial share of surplus is reinvested in the economy. In ancient society, economic was qualitatively stagnant (this is because thither was so little reinvestment of surplus) and unchanging. People worked and lived the exact same way from generation to another.

In a market economy, there exists an work up division of labor, where each...If you want to get a full essay, order it on our website: Orderessay



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