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Lecture notes of 2 pages for the course hist 1421 at University Of The People (Discussion Forum)
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By the end of the third century, the Roman Republic had grown from a tinymetropolis to govern the whole Peninsula. It was an agricultural town augmented
by Industrial Production under the new economic system, and its labor force was
mainly reliant on slaves. Their primary responsibility was to guarantee that the
citizenry and legionaries, the majority of whom occupied the vast Mediterranean
region, were nourished. As a result, Ancient Rome needed to capture more grain-
producing provinces to supplement her food supply. This sense of obligation was
one of the driving forces behind the urge for growth and the conquering of new
territories (Ancient Roman Economy, n.d.).
The slaves also had an impact on the daily Roman economy through commerce and
industry. To pay revenue, manage provincial finances, and organize the Roman
legions, the economic management system was based on commands from Rome's
central authority (Ancient Roman Provinces n.d.) The manufacture and transit of
goods from Europe, Asia, and Africa dominated Rome's commerce business. Rome
was rich in this regard, which increased demand for her opulent goods. In and to the
Roman economy, here is where the interdependent relationship of demand and
supply became beneficially functional. Metals were imported from Spain and the
United Kingdom, ivory from Africa, silk from China, and marble from Greece and
North Italy were used in the construction. Spain's silver and gold were mined in the
same area and used to produce coins. (Ancient Roman Economy, n.d.).
Glassware, weaponry, pottery, tools, and jewelry for fabrics were made by the
Romans using other seized towns and manufacturing plants. The provinces
improved and strengthened the Roman economy in material, military, agricultural,
social, educational, and other ways, allowing her to fulfill her task of feeding her
population. Rome used the provinces' self-sufficiency in order to achieve her own.
Slaves worked in mines, in agricultural farmlands, and in homes. in the army, as well
as any other revenue-generating or income-generating capacity. Rome took this
method, using and manipulating all human and material resources for her own gain
and advancement.
Reference
Ancient Roman Province. Romanization, Rules Policies (n.d). Retrieved May 28, 2021 from
https://study.com/academy/lesson/ancient-roman-provinces-romanization-rule-polies.html
Ancient Roman Provinces: Romanization, Rules & Polices (n.d.). Retrieved May 28, 2021
from https://study.com/academy/lesson/ancient-roman-provinces-romanization-rule-policies.html
Military, Civil Administration, Taxes, Politics and Economy of the Roman Republic and Empire
(n.d.). Retrieved May 28, 2021 from
https://placeduluxembourg.wordpress.com/2015/02/20/military-civil-administration-taxes-
politics-and-economics-of-the-roman-republic-and-empire
Economy in Ancient Rome (n.d.) Retrieved 28 May, 2021 from
http://www.crystalinks.com/romeconomy.html
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