Ancient Babylon
The code of Hammurabi was one of the most important documents in Babylon history. It was adopted from many Sumerian customs that had been around for a while before the Babylonians. Though many of the Laws were adopted from Sumeria they were published by Hammurabi and thus known as the code of Hammurabi. This code had four main parts to it. They were: Civil Laws, Commercial Laws, Penal Laws, and the Law of procedures.
The Civil Law was an important one to the people. It set up a social class system based on a hierarchy based on wealth. The Babylonians had three classes according to the code. They were the freeman or wealthy people, the semi- freeman who were able to become slaves at any time, and the slaves who were of course the lowest class.
The next section in the code was the Commercial Law. This had to do with business transactions and most things relating to business. It set up 20% interest rates. There was a political economy based on economic status. The wealthy classes......
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