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Write about the economic life of …

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Write about the economic life of the roman empire
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Yogita Ingle 4 years, 2 months ago

For all of the glory and grandeur of Ancient Rome, the Roman economy never developed into anything terribly complex compared to modern economies. Ancient Rome was an agrarian and slave based economy whose main concern was feeding the vast number of citizens and legionaries who populated the Mediterranean region. Agriculture and trade dominated Roman economic fortunes, only supplemented by small scale industrial production.

The staple crops of Roman farmers in Italy were various grains, olives, and grapes. Olive oil and wine, outside of direct food stuffs, were among the most important products in the ancient civilized world and led Italy's exports. Romans did use a limited form of 2 tier crop rotation, but crop production was largely low output and required a vast number of slaves to operate at any volume.

Farmers could donate surplus crops to the government in lieu of a monetary tax. This system allowed both Republican and Imperial rulers to gain popularity with the masses through free grain distribution and also help to feed the legions at no direct monetary cost. Unfortunately it also left farmers with little incentive to increase productivity or output, since more crop translated to more taxes (and more free grain distributions). Citizens grew dependent on these grain doles and the large volume of trade that ensued. The need to secure grain providing provinces was one important, of many factors that would lead to the expansion and conquests of the Roman State.

Among these conquests were the provinces of Egypt, Sicily and Tunisia in North Africa. These areas were of vital importance in the processing and shipment of grain to Rome. Grain was shipped directly to Ostia, the official port of Rome, and penalties for disruption of the most direct route included deportation or execution. Once delivered to Ostia the grain was weighed, checked for quality, and then sent up the Tiber River on barges to Rome, where it would be repacked for distribution throughout the Empire.

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