1 nov 1444 año aC - Egypt's Economy

Descripción:

Many elements contributed in Egypt's economy with grain being the main focus. Authorities stored the grain for times of bad harvests.

Egypt was mostly self-sufficient, as people would hold goods for the future and/or exchange by barter on the market, which also played a key role in the economy.

Farmers were under a labor tax and were required to work on irrigation or certain construction projects in a form of unpaid labor.

A 1/3 of al the lands were in the hands of the priesthood of Amen and all the administrators, priests, traders, and craftsmen lived in cities along the bank of the Nile.

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