The Minoan economy was primarily based on the 'Palace Economy' model, which functioned through:
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Correct answer: Centralized redistribution of goods collected by palace administrators
In a palace economy, the central administration collected agricultural surplus and craft goods into palace storerooms (magazines). These goods were then redistributed to the population or used for international trade.
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More Minoan Civilization questions
- What artistic technique, involving painting on wet plaster, was used to decorate the interior walls of Minoan palaces?
- Which animal was considered sacred and served as a central symbol in Minoan iconography?
- Which archaeological site on Crete is the second largest palace after Knossos?
- The 'Prince of the Lilies' is a famous example of what kind of Minoan art?
- Around 1450 BCE, which group from mainland Greece conquered Crete and adapted the Minoan script?
- Which architectural feature in Minoan palaces allowed light and air to reach lower floors and interior rooms?