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Bagdad also lies on a natural line of communication between Persia and the west, the ancient caravan route from Khorasan debouching from the mountains at this point, while another natural caravan route led up the Euphtates to Syria and the Mediterranean and still another up the Tigris to Armenia and the Black Sea.
The period of the greatest prosperity of Bagdad was the period from its foundation until the death of Mamun, the successor of Harun, in 833.
Bagdad, accordingly, although fallen from its first eminence, continued to be a city of the first rank, and during most of that period still the richest and most splendid city in the world.
It determines the fate of Bagdad, a community that is owned lock, stock and barrel by Phelps Dodge.
Since the discovery of the Bagdad Mine in the 1880s, the fortunes of the community of miners living nearby have risen and fallen with the price of copper.
The housing and commercial buildings in Bagdad are managed by property manager CB Richard Ellis which collects rents, repairs plumbing and handles an occasional eviction.