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
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.
Upon examining the economy of the Roman Empire, it becomes clear that it served to support both the wealthy and the urban dwellers, meanwhile, the impoverished and the farmers suffer by extreme levels. Galen, a notable physician within the empire who lived primarily during the second century and into the third century, wrote that those who lived in the more urbanized towns and cities took “from the countryside all the wheat along with the barley and the beans and lentils…and are forced to…eat twigs and shoots of the trees and bushes, and bulbs and roots of plants with bad juices and consume the so called wild greens” (Wilkins, 2015, p. 63). The various grain programs that the Roman government created to dole out food to the many urban citizens, while being vital for its poorer inhabitants, failed to additionally ensure that its rural citizens would be fed. These farmers served as a sort of servant to the larger empire, growing a surplus of crops with most or all of this being stripped away from them as a sort of taxation, where it was then funneled into the cities. In times of drought, even more was taken from them to fuel the cities.
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).
Roman Archaeology Roman Empire was a territory that was supported by trade. Cities in the empire made a significant contribution in making the running of the empire a success. One of the city that is recognized as the pillar of the empire is Rome. Archeologists are still struggling in their efforts to reconstruct the contributions cities made in the development of the Roman Empire economy. Agricultural products and the slave trade was the main items of trade in the Roman economy.
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.
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.
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.
Rome had built expensive roads that were extremely cost inefficient people elected to maintain goods through the roads instead of sailing them across the Mediterranean which was cheaper, creating excessive taxation. and Some trade began to depress the economy since Rome had to pay in gold and silver for the silks and spices that they imported, mines were becoming worked out and coins were debased,
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.
