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Under all the major indicators of economic change, that is, population, growth, urbanization, production and exchange, institutions, and stock of knowledge, there are reasons to believe that the period between 700 and 500 BC in archaic Greece saw significant developments. This chapter analyzes those developments in more detail by comparing and contrasting the archaeological evidence relating to circa 700 BC and circa 500 BC. It explores how the picture that one can create on the basis of archaeological evidence relates to the picture of the economy offered by one further resource making its dramatic appearance in this period: literary texts. Athenian Solon puts a value upon the individual citizen, whose political capacity is determined by his wealth. That there was a transition from gift to commodity during the period from the eighth to the sixth century has often been suggested. The chapter traces both the economic background to that change and its political origins.
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