The Economy of Ancient Egypt

The word economy through a historians lens means how a civilization makes money through the buying and selling of goods and services. Some examples may include utilizing resources and trade routes, producing agriculture and manufacturing products in order to make money.

What natural resources were available and which products were produced by ancient Egyptians?

The existence of ancient Egypt centered around the Nile River. This 4160 footlong waterway offered food, drinking water and irrigation for crops. In addition it’s flooding season deposited good farming soil onto the Nile banks. This fertile land became the basis for Egypt’s agricultural economy. Most of the food grown in ancient Egypt were grains such as barley and wheat. However, they also grew vegetables such as onions, leeks, cabbages, beans, cucumbers and lettuce.

Egyptians mined gold from the southern hills surrounding the Nile especially near Nubia, and they used various clays from the banks of the Nile River to make ornate pottery many types of pottery became prized all over the ancient world for its beauty and practicality as a vessel to hold trade goods. Egyptian artisans also created papyrus paper linen cloth and gold jewellery to trade with foreign buyers.

Who did ancient Egyptians trade with, and in what ways were goods transported?

The ancient Egyptians traded with peoples in Africa, the Mediterranean regions such as Greece and Rome and as far east as Asia. They often traded with other regions for raw materials such as cedar wood, and other timber, precious stones, copper, silver, oils and smaller livestock. Ancient Egyptians sent trade products via land by way of caravans and also became able sailors taking products across the Mediterranean Sea and Indian Oceans to other civilizations. Pirates on the Mediterranean Sea and Indian Ocean as well as Caravan robbers were a threat often interfering with trade.

Source: Instructomania

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