It’s All Greek

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The ancient cultures of Greece and Rome have had enormous reverberations throughout history, even to the present day. In fact, many of the major themes shaping these ancient art forms (worship of an ideal athletic human body, “everything in moderation”, reverence for logic and mathematical harmonies, praise of individualism, democracy) are not only familiar, but powerful factors in shaping contemporary images and art forms.

For this entry, compare and contrast a contemporary image from popular media to a work or artifact from Aegean, Ancient Greek, Etruscan, or Roman culture that expresses a similar theme or cultural value. The contemporary image could be an advertisement, journal photo, political photo, movie poster, etc. Compare and contrast the formal similarities and differences between the two images.

Conclude by considering how understanding the roots of this theme (or cultural value) in ancient culture might shed light on why it is also important to contemporary culture. For example, if Greek obsession with the human athletic body derives from the idea that their gods took on human, nude form, then what sort of contemporary “gods” have shaped our own society’s obsession with athletic health?

 

Sample Solution

et equilibrium is the position at which the demand becomes equal to the supply and this helps in analysing the price which needed to be charged, and such price is known as an equilibrium price. The equilibrium price is the point where demand and supply interact with each other. The price is believed to be constant until an external force affects the demand and supply of the goods, and such can result in the shift in the curve (Schneider, 2013). Therefore, the demand and supply data shows that the demand and supply are becoming equal at 50m units when the price is charged at £30 from the customers. The market equilibrium price for SmartWatch is £30, and the equilibrium quantity is 50m units annually.

B.Supply and Demand Schedule

(Fig. 2)

The increase in the price at £40 would affect the demand in an inverse way which means that that the demand will decrease with an increasing price. The price plays a major role in the demand of a product, and the law of demand states that an increase in prices will decrease the demand when other things are kept constant (Arnold, 2008). After evaluating the above figure, it has been evaluated that the price of £40 will result in the demand decrease at 30m units annually.

(Fig. 3)

The price and supply have a direct relationship which states that an increase in the price will result in increased supply. The law of supply states that the supply will be affected only by the price, and the other elements are kept constant and the increase in price will increase the demand (Arnold, 2008). Therefore, it can be stated that an increase in price at £40 will result in an increase in demand, and this can be evaluated from the graph above which shows that when the price becomes £40, the supply becomes 70m units per year.

Income Effect

Normal goods are the goods, whose demand shows a direct relationship with the income as such goods are the goods that the customers demand when the income increases, and the affordability also increases. The goods whose demand falls when the income of the individual decreases, and the demand increases when th

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