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Hellenistic Economic Development

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Hellenistic Economic Development
What were the central political, economic, and social developments of the Hellenistic World? The Hellenistic era was the age of Alexander the Great and beyond roughly 300BC-30BC. One of Alexander's generals was later appointed governor of Egypt and signified an end of the pharaohs of independent Egypt. This was the age of Cleopatra and lasted until the Roman conquests in 30BC. Alexander also appointed a governor for Babylonia as well. This was the age of the rise of the Roman Empire as well. The end of the Hellenistic Age came when Greece lost its independence and was directly annexed into the Roman Empire as another province. With all the trade routes opened up by Alexander's conquests and in the inflow of Persia gold and silver, trade blossomed in the Hellenistic age and governments used that to augment revenues. The agricultural population declined and landownership became more concentrated with many holdings of land going to the states. The roles of the states grew and became more of a principal capitalist and owner. With the increased inflow of gold and silver, the money was abundant and the …show more content…
In the realms of intellect and art the Hellenistic civilization also bore a distinctly modern flavor. This was exemplified by the exaggerated emphasis upon science, the narrow specialization of learning, the penchant for realism and naturalism, the vast production of mediocre literature, and the popularity of mysticism side by side with extreme skepticism and dogmatic

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