History The Byzantine Empire Questions
The Byzantine Empire did not have a specific view of capitalism as it existed before the emergence of capitalism as an economic system. However, the Byzantine Empire had a strong focus on trade and commerce, and it had a complex economic system that involved state control and regulation of trade. The empire had a thriving market economy, with a significant emphasis on luxury goods and long-distance trade. While private entrepreneurship and wealth accumulation were encouraged, the state played a central role in regulating and controlling economic activities.