What civilization introduced a uniform system of gold and silver coinage?Group of answer choicesPersianMinoanCretanRoman
Question
What civilization introduced a uniform system of gold and silver coinage?
Group of answer choices:
- Persian
- Minoan
- Cretan
- Roman
Solution
The correct answer is Persian civilization.
Explanation:
The Persian civilization, particularly during the Achaemenid Empire, is known for introducing a standardized system of coinage, primarily gold and silver coins, which facilitated trade and commerce across their vast empire. The introduction of these coins allowed for a more streamlined economic system, reducing the complications faced with barter systems and inconsistent local currencies.
The Persian coins, like the gold daric and silver sigloi, were widely accepted and respected in various regions, enhancing the empire's economic stability and influence. This system was crucial for the promotion of trade along routes such as the Royal Road, which connected different parts of the empire and contributed to cultural and economic exchanges.
In contrast, while the Minoans and Cretans had their own forms of currency, they did not achieve the same level of standardization as the Persians. The Romans later adopted and expanded upon coinage, but it was the Persian civilization that first implemented a uniform system of gold and silver coinage.
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