Egyptian+Economy

EGYPT FACTS
__[|Ancient Egyptian Economy]__ There are many interesting facts on [|the Ancient Egyptians.] Most of them created the modern world. It was said that in the ancient world, [|Ancient Egyptians] were famous for being the richest country. First of all, they traded a lot with the Mediterranean Sea, Aegean Sea, and the [|Red Sea]. [|Ancient Egypt] traded things like gold, wheat, barley, papyrus sheets, a lot of gold, silver, and copper, very precious stones and metals. Second, [|the Ancient Egyptians] had many great accomplishments because they traded a lot of important and rare objects. [|The Ancient Egyptians] traded with among other countries. They traded things like gold and incense. The Nubian's built canals to make trading easier. Next, the economy of the [|Ancient Egyptians]was also called the[| Ancient Command] Economy. The economies are planned, monitored, and controlled by the Pharaoh, after the successful businessmen paid their taxes, they stored their surpluses for future use or exchanged in the market. In the early period, they used a barter system until a later period, they were introduced to coined money by foreigners. These are the facts why[| Egypt] was a very high economy country that had a developed economy system that is controlled by a Pharaoh.

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 * __Group members:__ Phone pyae(burmese), Muiz(malaysian), Rachel(indonesian)**