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What was an important economic event in byzantine era?

User Dushmantha
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17 votes

Answer:

The loss of Egypt to the caliphate was a huge economic loss because Egypt, and Syria, were some of the empire's most prosperous regions. The loss of Egypt impacted farming and the tax collection possibilty was lost. Syria was a religious loss because holy cities like Jerusalem and Antioch were lost to the Calipate along with some of the holiest relics.

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