History, asked by saikiadishant2002, 1 year ago

what are the aims and objectives of economic expansion of roman empire?

Answers

Answered by girishnaik315pedmq6
3
economic growth is the sustained increase in wealth over time normally per year measured in the real procapita production of goods and services this definition distinguishes between aggregate growth which could simply be a consequence of the empires increased population and per capita growth which indicates an increase of production proportional to the number of people the definition also also offers the idea that the increase in wealth must not be one of the should be made possible for instance by a year of very good harvest are the redistribution of War body growth must be sustained over time implying that there must be economic structures capable of sustaining it
the ancient Roman economy was primarily based on agriculture carried out by means of relatively backward Technology industry and trade had Limited importance economic growth cannot easily be integrated into such model is looking at it from a fully primitive is it point of view we interpret it as completely static but it is possible to see in it in a degree of dynamism and the tendency to work progress and trade which satisfy economic growth
the core of the problem therefore is to determine whether the Roman empire had room for industry and trade or whether it was essentially a subsistence economy characterized by cellular self sufficient some indirect evidence suggests that the early Empire might have brought about some economic growth was elected by the extension of the market and political stability for instance an increased number of citric fine suggests that shipping activity and movement of goods by particularly intense in the first and second centuries

saikiadishant2002: thanks
girishnaik315pedmq6: wc
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