Polanyi's approach to ancient economies was applied to cases such as..?
Ancient Mesopotamia
Ancient Greece
Ancient Egypt
Medieval Europe
Answer
Karl Polanyi's approach to ancient economies was applied to cases such as Ancient Mesopotamia. Polanyi believed that ancient economies were embedded in social structures, and that they functioned according to different principles than modern economies. He argued that ancient economies were based on reciprocity, redistribution, and householding, rather than on the market.
The Karl Polanyi Trivia Challenge: Unearth the Legacy of an Extraordinary Economist
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