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Alexander’s Economical Policy As a Role Model for Ancient Word

In: Business Intelligence and Modelling

Author

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  • Kotsori Ioanna Soultana

    (University of Peloponnese)

Abstract

Alexander the Great, the king of Macedon, was a significant strategist with successful battles. His father Philip took care of his education studying with Aristotle and he also took over his military amelioration. He became king at the age of 20 years and he fought for 12 years. When Alexander became a conqueror of an Eastern Empire, he changed his way of living and he behaved as a Persian king. When he died, the successors of his vast empire wanted to follow his tactics. The Roman emperors pursued his glory and his fame, so they imitated his attitude and his plans. Alexander the Great was not only a famous strategist, but he was the first who applied monetary policy: Alexandrian four-drachmas coin flooded all the well-known international markets and it became the means for huge exchanges for more than 200 years. This coin was so popular that it contributed in the international economical market. Furthermore, a lot of mints were founded. After conquering huge quantities of gold and silver talents from the Persian Empire, Alexander made a revolutionary economic policy for his era. During his reign, an increase of expedition was observed, because temples, streets, and monuments were built. History held for him a glorious fate and it worthwhile for further research and study.

Suggested Citation

  • Kotsori Ioanna Soultana, 2021. "Alexander’s Economical Policy As a Role Model for Ancient Word," Springer Proceedings in Business and Economics, in: Damianos P. Sakas & Dimitrios K. Nasiopoulos & Yulia Taratuhina (ed.), Business Intelligence and Modelling, pages 497-505, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-57065-1_52
    DOI: 10.1007/978-3-030-57065-1_52
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