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Economic Problems And The Fall Of The Roman Empire

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Many economic problems had a negative effect on the fall of the Roman Empire. Taxes were raised in order to meet the salary demands of the Legions. Also, the growing desire for imports from other empires made many people lose their jobs so they had to move into the city. Pirates stealing goods and ships from suppliers also made people lose their customers and even their jobs. The goods that were imported had high tariffs making it harder for some people to be able to pay for the goods. As there was a lack of gold in the empire, gold coins lost value because they were made with a smaller quantity of gold, and not as many coins were produced, for this reason inflation occurred raising the prices of high demand products. This lead to a barter
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This loss of population made it hard to find laborers and soldiers for war. This caused the empire to pay Germanic soldiers to fight for them. The need to pay for troops created a large debt for the Romans. Another reason that led to the decline of the Roman Empire was their water source coming in through lead pipes. Many people believed this poisoned the Romans which also led to low population.

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Legions started to demand higher pay resulting in raised taxes. Also the desire for goods from outside the empire grew making less economic growth within Rome. As more products were shipped to Rome pirates started to steal more and more items making stores go out of business back on the mainland. High tariffs were placed on imported goods in a desperate attempt to get money flowing back into Rome. Furthermore the lack of new conquests also instigated the decrease of money flow into Rome because they were not stealing gold.

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