How Did the Development of Writing Change the Societies of Ancient

question 135

Essay

How did the development of writing change the societies of ancient Mesopotamia and Egypt, specifically, the lives of their peoples? Could those societies be described as "literate"? Why or why not? Which groups might have been most affected?

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Definitions:

Comparative Balance Sheets

Comparative balance sheets present the financial position of a company at two different points in time, allowing for analysis of changes and trends.

Inventory

The sum of all products and materials possessed by a firm, intended for either reselling or manufacturing.

Statement of Cash Flows

A financial report detailing the inflow and outflow of cash and cash equivalents for a business.

Direct Method

A cash flow statement preparation technique that lists all major operating cash receipts and payments for the period.