Ancient Greeks may have been the original “rugged individualists.” They believed in “good strife,” which encouraged competition and championed traits such as hard work, education, and innovation.
Ancient Greeks thought that the success of an individual, assuming a level playing field, also meant success for the community. Today, this idea can be seen in the work of philanthropists who share their wealth with others.
Term Part of Speech Definition Encyclopedic Entry ancient Greece Noun
loosely united civilization founded on and around the Peloponnese peninsula, lasting from about the 8th century BCE to about 200 BCE.
economic system where the free exchange of goods and services is controlled by individuals and groups, not the state.
system of organization or government where the people decide policies or elect representatives to do so.
system of production, distribution, and consumption of goods and services.
person who donates money, goods, or services to those in need.