The economy of Old Kingom Egypt was unique in that it was purely based on agriculture. Since agriculture was the most important activity in ancient egypt, this meant that certain aspects of Egypt were important, such as the Nile river and the Egyptian way of life. The Nile was important in that it provided sufficient amounts of silt, which in turn provided a rich soil basis to farm, and the way of life was also affected, as the cycle of activites and jobs were based upon the agriculture. The agriculture gave people of lower class, such as peasants, vital roles in the economy, thus being regarded as the backbone of society. This is evident in the tombs of the wealthy elite, which indicates that the upper class appreciated the invaluable role played by peasants and labourers.

The Nile river was so important, that egypts calender revolved around it. During the flooding of the Nile (Akhet), nilometers were used to measure the height of the flood, thus assisting in the calculation of taxes. During this time, there was not much work for peasants, therefore the central authorities demanded services of the peasants to work on large-scale construc

In conclusion, Egypt's economy revolves around the back breaking work of peasants and farmers, and their contribution to society does not go un-noticed as many aspects of their work has been depcited in various tombs of nobles. Thus, it was based on agriculture, and in times of desperate need the government conscripted a labour force to assist on the working of public buildings. The state and temple economy were two ways in which the economy was divided, and the taxation system followed the payment methods of "cattle counting". Trade was brought up by the wanting of luxury items, therefore increasing Egypt's economic stability and prosperity.

Egypt's development of trade was enriched by the desire of luxury items from pharaohs and officials. Egypt's trade partners included Sinai, for copper and precious stones, Libya for livestock, Punt for incense and resins, Palestine for pottery, slaves and cattle and Nubia for ebony, ivory, copper and diorite. Trade was undertaken by caravans or by ship across the Nile, and as one of the King's primary roles, he had control over all foreign trade.

Some topics in this essay:
God Ra, Nile Akhet, Nile King's, Egypt Nile, Kingom Egypt, , based agriculture, temple economy, Kingdom Egypt, based agriculture agriculture, pyramids temples tombs, conscripted labour force, temple economy economy, upper class, pyramids temples, temples tombs, found tomb, nile river, exempt taxation, conscripted labour, controlled king,