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The Economy of Ancient Rome

Economics Explained

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The Importance of Ancient Rome's Wealth Disparities

Rome was at the time a very powerful empire and home to a very very developed economy but it must be remembered that throughout all of this empire's history China and India were wealthier. This wasn't necessarily the fault of the Romans. They were a more advanced civilisation it's just that advancements didn't mean as much as they did today. In our modern world countries like Canada, Australia or Saudi Arabia can be very very wealthy and powerful despite having very very limited farmland because we live in a world of abundant food production. In ancient Rome despite all of their other advancements they were still a population limited by food centred around a peninsula that has legendarily terrible soil. Of course trading helped with this

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