Debt loans and peonage common in Sumer
Citations (1)
- Debt: The First 5,000 Years whole source · open book
By c. 2400 BC it already appears to have been common practice on the part of local officials, or wealthy merchants, to advance loans to peasants who were in financial trouble on collateral and begin to appropriate their possessions if they were unable to pay.
chapter: In Search of a Myth