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1200 BCE
Ancient Greece
A fact that marked the way in which politics influenced commercial activities was the meeting that the Pritanos had, to establish rules and regulations on the commercialization of wheat, flour and bread. In addition, the Greeks, thanks to their geographical position and the need to import grains, motivated them to immerse themselves in maritime trade and thanks to the fact that they created coins and silver, which allowed to develop the notion of money -
Period: 476 BCE to 4 BCE
Ancient period
Period of the Ancient Age, characterized by the presence of the Greeks and the Roman Empire, who proclaim themselves promoters of the beginning of trade in Europe -
1 BCE
Roman empire
They strengthened and further strengthened their cultivation and business practices, to the point that they became an economic engine that was able to develop a permanent supply of cereals. Likewise, they turned olive oil and wine into main exports. They came to develop exchange systems through barter, which was regulated by Roman law, to formalize what products could be exchanged and what should be acquired from other nations. -
Period: 476 to 1440
Middle Ages
Period characterized by starting the construction of the first trade routes in Europe -
800
Commercial revolution
It is recognized as a historical phase of economic expansions, influenced by mercantilism and colonialism. The emergence of this is born from the discoveries made of different silks, spices and other raw materials. New financial services were created, such as the use of a bank, the insurance company and foreign investment -
Period: 1501 to
Mercantilism
This period is characterized by concretizing, formalizing and structuring in a more complex way, the way in which the State can intervene in economic systems, receiving influences from monarchical philosophy. Despite this, a set of measures were developed in which they focused on regulating the relations between political powers and economic activities, State interventions and controls over currencies. -
16th century: Monarchy over trade
State regulations were developed, markets are unified and, above all, their own productions are increased, having as an axis the way in which wealth can be distributed -
The approaches to the wealth of nations are formulated
Adam Smith suggests that the origin of a country's wealth is found when there are fewer regulations and restrictions on commercial activities. He emphasizes above all facilitating the common well-being, specializing jobs and sharing wealth, fostering above all an optimistic individualism, which allows us to achieve one's own individual interests redundant to common interests. To achieve this, state interventions should be reduced or limited