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You could say that,
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and this is one way that makes sense,
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these were men who were sufficiently well off
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that they could own a team of oxen,
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two oxen,
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who were yoked together to pull the plow.
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That would make them respectably well off farmers.
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We are talking about people of the hoplite class.
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Another theory is that they were indeed named that,
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because they were hoplites,
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because they lined up in the phalanx
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and they were yoked together,