Polanyi contended that a market economy had emerged in the Greek city-states because:

Question

Quizplus · Accepted Answer

Polanyi argued that a market economy emerged in the Greek city-states due to the availability of small-denomination coins that could be used for everyday transactions and the existence of a marketplace where food and goods could be bought and sold. Therefore, choices B and C are correct. The other options are not relevant to Polanyi's argument.

Polanyi Contended That a Market Economy Had Emerged in the Greek