Economy
Polities were situated in the alluvial flats of tributary river valleys and the mouth of the Nakdong. In particular, the mouth of the Nakdong has fertile plains, direct access to the sea, and rich iron deposits. Gaya polities had economies that were based on agriculture, fishing, casting, and long-distance trade. They were particularly known for its iron-working, as Byeonhan had been before it. Gaya polities exported abundant quantities of iron ore, iron armor, and other weaponry to Baekje and the Kingdom of Wa in Yamato period Japan. In contrast to the largely commercial and non-political ties of Byeonhan, Gaya polities seem to have attempted to maintain strong political ties with those kingdoms as well.
Read more about this topic: Gaya Confederacy
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)