Question

In: Economics

What were the economic and political benefits of belonging to the Roman Empire?

What were the economic and political benefits of belonging to the Roman Empire?

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Expert Solution

Ancient Roman Empire was a slave based economy and an agrarian which concerned about feeding a vast number of citizens who populated the Mediterranean region. The agriculture and trade of the empire dominated economic fortunes, which were supplemented by small scale production. The small scale industrial producers were at a larger benefit in the Roman Empire. The economy was agrarian, i.e., centred on trading of agricultural commodities. The people worked for agricultural sector and small scale sectors related to it were at greater advantage at that time.
Ancient Roman Empire was divided in two state of classes, i.e., aristocrats and common people. The common people slowly maintained their worth and value in the political as well as social sectors of the empire, but as the conflicts and rivalries between them they were not able to maintain that. All believed that the aristocrats had privilege in the political activities of the empire. It was the class of society which was most beneficial class in the Roman Empire


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