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How did the Phoenician become wealthy?

How did the Phoenician become wealthy?

During the first millennium BC, the Phoenicians were the premier merchants and businessmen of the Mediterranean basin. They monopolized the timber trade and manufactured many products, such as Tyrian purple, which ultimately made them the wealthiest group of people during the period.

What are some of the items the Phoenicians traded that helped them grow wealthy?

Along with their famous purple dyes, Phoenician sailors traded textiles, wood, glass, metals, incense, papyrus, and carved ivory. In fact, the word “Bible,” from the Greek biblion, or book, came from the city of Byblos. It was a center of the trade of papyrus, a common writing material in the ancient world.

How did Phoenicia rise?

Rise of the Phoenicians They mastered their commercial skills being famous merchants while others developed sought-after luxury goods. With such skills, they developed into an economic powerhouse becoming the Dutch and the British of the ancient world. The Phoenicians began to make a name as merchants about 2,200 BCE.

How was Carthage established?

According to legend, Carthage was founded by the Phoenician Queen Elissa (better known as Dido) c. The city developed significantly following Alexander’s destruction of the great industrial and trade center of Tyre (considered Carthage’s mother-city) in 332 BCE when Phoenician refugees fled from there to Carthage.

Why was Carthage so wealthy?

Its name means “new city” or “new town.” Before the rise of ancient Rome, Carthage was the most powerful city in the region because of its proximity to trade routes and its impressive harbor on the Mediterranean. It eventually became the richest city in the entire Mediterranean region.

What were the sources of the wealth of Carthage?

Much of the revenue of Carthage came from its exploitation of the silver mines of North Africa and southern Spain, begun as early as 800 bce near Gadir (modern Cádiz, Spain) and in the 3rd century bce near what is now Cartagena, Spain.