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date: 08 March 2021

debt, 

Source:
The Oxford Dictionary of the Classical World
Author(s):
John RobertsJohn Roberts

the creation of obligations in cash or kind, existed at all levels of society throughout the ancient world: from loans of seed and implements between peasants to lending of small sums and household objects between city‐dwellers, from borrowing to cope with unforeseen crises to substantial cash loans between the wealthy to support an élite lifestyle. Clear enough are the socio‐political implications of widespread indebtedness, plausibly linked with the ‘Solonian Crisis’ (... ...

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