The Owl and the Drachma (Or: The Birth of Civic Pride)
A powerful city-state in ancient Greece that was a pioneer in developing democracy, philosophy, and a sophisticated monetary system.
A system of government by the whole population, typically through elected representatives.
The silver currency used in ancient Greece. The Athenian drachma, stamped with an owl, was one of the most widely used and trusted coins.
A sense of pride and belonging to one's city or community. Greek city-states used unique coins to foster this.
The ancient Greek term for a city-state, which was the central political and social unit of the Hellenic world.
The ancient Greek term for money changers, who sat at tables (trapeza) in the marketplace. By accepting deposits and making loans, they became the first commercial bankers.
A financial professional or institution that provides services such as accepting deposits, making business loans, and offering basic investment products.
A foreign currency held in significant quantities by other countries' central banks or monetary authorities, used for international transactions due to its perceived stability and trustworthiness.
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