The economics during the reign of Ptolemy VIII were very bad. Their currency was called Drachma’s and their worth was based on weight. During his reign with his brother, they had to drop how much they were worth. Egypt’s currency during his reign lost lots of value. It was mostly due to the two wars that had happened during his reign and the struggle for power between Ptolemy VIII and his brother. The wars were bad for the economy because of how much it costs to pay the soldiers and give them weapons. This caused Ptolemy VIII to make the Egyptian currency worth less. This is also known as an economic inflation. This decrease in the monetary value of the currency started rebellions against the pharaoh. To keep the m calm and under control, he tried to give grants to the people. …show more content…
During the Ptolemaic period, most of the Egyptians were suppressed by the greeks and kept out of most major roles in the kingdom. Until Ptolemy IV most of the Egyptians were farmers, craftsmen, traders, and hunters. After Ptolemy IV some of the Egyptians started to get back key roles in the kingdom. They even became part of the Royal guard and some of them led the rebellion against Ptolemy VII. This suppression of the Egyptians by the greeks was one of the causes for the rebellions against the