Difference between revisions of "What is the Deep Impact of Gold"
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==How Gold Became Important for Economies== | ==How Gold Became Important for Economies== | ||
| − | Gold has been found in a variety of ancient societies in the New and Old Worlds. In almost all these contexts gold was often buried with high status individual, indicating its value to ancient elites and leaders. | + | Gold has been found in a variety of ancient societies in the New and Old Worlds. In almost all these contexts, gold was often buried with high status individual, indicating its value to ancient elites and leaders. This was true for prehistoric as well as historic societies. While gold was valued as a high status object, as societies began to form established governments and kingship, starting in Egypt and Mesopotamia, gold began to take an important value for trade. |
==Later Developments== | ==Later Developments== | ||
Revision as of 10:36, 12 March 2017
Few naturally occurring substances have had nearly universal value among ancient and modern societies as gold. We often think of gold as something decorative or worn. However, in the ancient and modern worlds, gold was also the standard in which economies and value of other objects were measured by. In effect, gold helped structure and continues to help structure economies around the world today.
Contents
How Gold Became Important for Economies
Gold has been found in a variety of ancient societies in the New and Old Worlds. In almost all these contexts, gold was often buried with high status individual, indicating its value to ancient elites and leaders. This was true for prehistoric as well as historic societies. While gold was valued as a high status object, as societies began to form established governments and kingship, starting in Egypt and Mesopotamia, gold began to take an important value for trade.