Which statement best explains the pharaoh's role in the economy? The pharaoh only taxed the wealthy.
The pharaoh owned all land and wealth.
O The pharaoh provided jobs in the kingdom.
The pharaoh oversaw all trade with other kingdoms.

The pharaoh owned all land and wealth.

Explanation:

While Pharaoh also served as a religious leader in ancient Egypt, his roles in the economy of Egypt includes the following:

1. He collected taxes

2. He controlled all the lands in Egypt. Part of his title is 'Lord of the Two Lands' as he controlled upper Egypt and lower Egypt altogether.

3. He made laws including those relating to economic policies.

Hence, Pharaoh's role in the economy can be considered to be "The pharaoh owned all land and wealth."

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