Thank you for visiting According to historical data the wages in ancient Greece and Rome were in sixteenth century Britain or eighteenth century France 1 somewhat lower than 2. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Final answer:
Ancient Greece and Rome wages were about the same as sixteenth-century Britain or eighteenth-century France, based on the relative value of gold and silver and comparable purchasing power.
Explanation:
The wages in ancient Greece and Rome were about the same as those in sixteenth-century Britain and eighteenth-century France. From the historical data, it is understood that in the time of Scipio, gold and silver were approximately of the same value as in England at the time of Henry VII.
This would suggest an equivalence to twenty times our current standard. Moreover, considering the labor efficiency and wage dynamics in historical contexts, it can be deduced that the labor force in ancient times had a comparable purchasing power and wage equivalency to those of later European periods.
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