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An official system of weights and measures was established [citation needed] in the ancient Persian Empire under the Achaemenid dynasty (550-350 BCE). The shekel and mina ("profane" or "sacred") were units of both weight and volume. A shekel or mina weight was equal to the weight of that volume of water.
The Persian daric was the first gold coin which, along with a similar silver coin, the siglos (from Ancient Greek: σίγλος, Hebrew: שֶׁקֶל, shékel) represented the first bimetallic monetary standard. [5] It seems that before the Persians issued their own coinage, a continuation of Lydian coinage under
After bribes distributed by a Persian satrap to start the Corinthian War in Greece led to Spartan king Agesilaus II being recalled from a successful campaign in Asia Minor, he remarked that he had been driven out of Asia by "ten (alternately thirty) thousand archers" (referring to the image stamped on the daric). [12] [13]
Yojana – a Vedic measure of distance used in ancient India. Its value was about 10 km (6.2 mi), although the exact value is disputed among scholars (between 8 and 13 km or 5 and 8 mi) Its value was about 10 km (6.2 mi), although the exact value is disputed among scholars (between 8 and 13 km or 5 and 8 mi)
As with many ancient units, the shekel had a variety of values depending on the era, government and region; weights between 7 [6] and 17 grams and values of 11, [7] 14, and 17 grams are common. A two-shekel weight recently recovered near the temple area in Jerusalem and dated to the period of the First Temple weighs 23 grams, [ 8 ] giving a ...
The pound was derived from the mina (unit) used by ancient civilizations. A smaller unit was the shekel, and a larger unit was the talent. The magnitude of these units varied from place to place. The Babylonians and Sumerians had a system in which there were 60 shekels in a mina and 60 minas in a talent.
In the history of economic thought, ancient economic thought refers to the ideas from people before the Middle Ages. Economics in the classical age is defined in the modern analysis as a factor of ethics and politics, only becoming an object of study as a separate discipline during the 18th century.
The British imperial system uses a stone of 14 lb, a long hundredweight of 112 lb and a long ton of 2,240 lb. The stone is not a measurement of weight used in the US. The US customary system uses the short hundredweight of 100 lb and short ton of 2,000 lb. Where these systems most notably differ is in their units of volume.