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Failure of the roman economy collpse
Roman economy in the provinces
Roman economy in the provinces
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The economy of Rome was failing because trade and business had begun to fade. As stated in document 1 “Commerce had largely disappeared owing to the lack of customers, to piracy on the seas, and to insecurity of the roads on land.” Due to the lack of customers and the dangers of the road and the sea, there
The Roman empire controlled its people and land but, the Han controlled its people and land more effectively. Of course, Rome could have succeeded in controlling its empire but, by looking at the political, technological, and social aspects, it is clear that the Han left a larger impact to the world and revolutionized life by exercising more effective control overall. The Han controlled its people and territory more harshly than the Romans. Although they were harsher, they also worked more efficiently and took initiative.
During this time as well, Rome was struggling and falling because of severe financial crisis. This event happened because of constant wars,overspending,oppresive taxation and Inflation between rich and poor. From reading, one could also infer that Rome wasn’t at all the powerful country it was projected as. Rome’s economy, depended heavily on slaves. With the halt in the second century, Rome’s supply of slaves along with other war treasures began to dry up.
The economy of Rome was a complexe one. Mostly because its income came from several sources: - imports of luxury goods, wine, wheat, olive oil into italy; - taxes from Roman provinces However, the inconomy was hardly stable despite these different sources of income mostly because the majority of the population were slaves, with very little or no purchasing power; and for an economy to thrive, money had to be brought in and spent. Also, it was well known that wherever roman soldiers settled, the economy thrived...however, in Romes case, its soldiers were spread over the different Roman provinces, thus making it difficult for them to contribute much to the economy. Moreover, Roman provinces were self supporting and as such, apart from paying
The Romans were responsible for meeting the common good of the people of Rome, and I’ll grade them according to the five indicators of meeting the common good. I believe that the Roman Republic performed a good job when providing public services, and meeting the common good. The first reason why I believe the Roman Republic met the common good is, there were public baths that patricians and plebeians could all use. Baths were free, or very reasonably priced.
Trade was an important source of income for the roman empire and contributed to its stability. Trade conducted before the Roman Empire was relatively localized within certain geographic regions. Culturally Romans thought trading as a lowly pursuit that sought to profit off the misfortune of others. Trade began to become prominent as the Empire as the City began to require more resources than it could produce. With the rise of the Roman Empire the City of Rome was exposed to new regions that offered many unique goods.
I gave the Roman republic support the economic system and D+. I think this because it was not very good. First, the Romans used coins like we do today just like money they earned the money by working and doing jobs. Second, most of the Roman world were farmers a lot of them were slaves none of them were treated well. Most of them had land but a lot of them rented land from richer men.
Discuss how the provinces affected the general Roman economy Roman provinces were administrative as territorial units of the Roman Empire, and were source of revenue throughout Italy and then the rest of Europe as the empire expanded (Gill, 2017). Having few officials to administer these territories, allowed provinces to carry a certain form of autonomy. Meaning that the Roman provinces were considered to be self-supporting, only having to provide Rome the fiscal treasury with taxes and to supplying staple goods. (Wilson, 1994).
Rome was built on the banks of the Tiber River and was in a very good place geographically. The capital had access to the Mediterranean and was protected in the north by the alps. The Roman empire grew huge over time and today is known as the only power to control the entire coast/shoreline of the Mediterranean sea. Over time the empire had many different rulers with many different strengths. Rome prospered and expanded during a time period called the “Pax Romana”, which took place during 27 BCE-14 CE.
In every story or situation that is occurring, there is a hero or a person that you feel takes care of the problem. There are plenty of characteristics that a hero should have that draws you toward them. Odysseus exemplifies a hero through his strategic moves, perseverance, and being responsible. Odysseus demonstrates his strategic moves in the Odyssey during the Trojan war. Odysseus’s brilliant idea is to create a wooden horse.
Because these characters represent their respective nations, the end of their stories portray what their authors predict the future of their countries will be like. In doing so, these novels impact the culture of their countries by providing a voice to groups of people who had none before. In One Hundred Years of Solitude, the downfall of the Buendía family is caused by the repetition of their sins. The family line comes to a tragic end in an event predicted decades ago, as “it was foreseen that the city of mirrors (or mirages) would be wiped out by the wind and exiled from the memory of man,” which happened only because the Buendía family kept repeating their incestuous ways (Marquez 417). They are trapped in a cycle of history, and Marquez predicts the same tragic, yet realistic, outcome for Colombia if the country keeps repeating the same mistakes.
Gaul which is now modern day France, Belgium and parts of a few other countries contained many resources that Rome could take advantage of. The empire made good use of the abundant materials that were available for them. Gauls abundant supply of minerals allowed for the economy to grow. Gaul contained copper, lead, silver, and iron. All these were crucial parts in the making of weapons and armor for the military.
In fact, compared to other functions the Romans excelled at, their job at supporting economics was especially mediocre; Rome had a slave based economy with a main task of providing food to the extensive amount of citizens and auxiliary in the country. However, the trade system had plenty of countries involved; bringing papyrus from Egypt, glass from Phoenicia, steel sewing needles from Syria, pork sausage and salt from Austria, tin from England, fish sauce and cooking pots and dishes from North Africa, and olive oil from Spain. Even ordinary farmers could afford a lot of these things. Since most of the citizens in Rome were farmers, the government found a way to tax them for growing food. Mind you, the government is taxing farmers to give them food.
Ancient Rome had a well organized government that had many purposes that helped them create an amazing civilization. I studied 5 difference purposes of government to learn more about Ancient Rome. Those were the following: public services, protect rights, rule of law, prepare for a common defense, and support the economic system. The Roman Republic had amazing features.
Learning Journal Task 8 Discuss how the provinces affected the general Roman economy. Introduction “Provincia,” in Latin words for a province, are any territories outside of Italy and subjected to Rome (The Great Soviet Encyclopedia, 1979). Through conquest, Rome was expanded by the acquisition of provinces. These provinces provided food, taxes, metals, and other sources to Rome. In turn, the provinces were given peace and stability through garrisons of Roman soldiers and governed by governors.