It is well known that the ancient Egyptians represented each fraction as a sum of unit fractions - i.e., fractions with unit numerators; this is how they, e.g., divided loaves of bread. What is not clear is why they used this representation. In this paper, we propose a new explanation: crudely speaking, that the main idea behind the Egyptian fractions provides an optimal way of dividing the loaves. We also analyze the related properties of fractions.