By analyzing sediment cores taken from six sites in southern Greece, an international team of researchers claimed recently that the market economy thrieved in Ancient Greece, 3.000 years earlier that what believed.
The researchers identified kinds of cereal, olive oil and grapevine production indicating major changes in agricultural production between 1.000 BC and 600 AD.
These changes show that Ancient Greece had a market economy that responded to the law of demand and supply thousands of years before the modern Industrial Revolution.
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