Answer:
The Phoenicians did not have the resources needed to support an empire and preferred to focus on colonization.
Explanation:
- The Phoenicians founded colonies in all parts of the Mediterranean sea. They were the first to pass through Gibraltar (pillars of Hercules).
- They had ships made of cedar wood
- They founded new colonies on these sea routes, the most famous of which was Carthage (which means -New Castle) in 814 B.C.
- They jealously guarded the secret of maritime travel & told other nations on these roads that there were dragons that swallowed sailors
What law do we need to summarize in our own words
The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained its external exchange rates within 1 percent by tying its currency to gold and the ability of the International Monetary Fund (IMF) to bridge temporary imbalances of payments.
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