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What was so significant about the land Byzantium was founded on

User Syedsma
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Answer:

The term “Byzantine” derives from Byzantium, an ancient Greek colony founded by a man named Byzas. Located on the European side of the Bosporus (the strait linking the Black Sea to the Mediterranean), the site of Byzantium was ideally located to serve as a transit and trade point between Europe and Asia.

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User Soni Ali
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