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:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“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)