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The Economic Collapse Of The Roman Empire

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For centuries, Rome fought with neighboring empires and expanded their territory until they established the powerful empire which includes modern day Europe, North Africa, and the Middle East. As the Roman empire grew, it faced problems with outside barbarians and inside problems with administration, military and social issues. Over time, new conquests became more and more unprofitable until the Roman empire reached a point of no progress, which led to d both exterior and interior pressures combined to pull the empire apart, culminating in 476 C.E. with the final collapse of the Western Roman Empire. The emperor, Constantine I, created a “new Rome” called Byzantium. The origins of the great civilization known as the Byzantine Empire finally picked up the broken pieces of the Roman empire in 330 A.D after the western half of the Roman Empire crumbled and fell in 476.

Barbarian and Goth Invasions
Rather than any single occurrence, the invasions from …show more content…

Scholar and author of “The Economic Collapse of the Roman Empire,” Louis West, argued that “in a word, the poor… had eaten up the capital of the thrifty and the western half of Europe sank into the dark ages.” A time referred to as the “Dark Ages” in Rome was a time of growth in the poor population and the economic decline. Roman economy had a strong dependence on agriculture, and taxation on agricultural production provided the economy of Rome a majority of the income. Over time, the ever-increasing taxation placed on agriculture created a massive burden on the Roman people, with the majority of these taxes falling on the less fortunate members of society. The dangerous masses of taxes slowly ate at the foundation of the Roman economy, especially towards the final division of the empire in 395. The Roman economy lost its ability to function during overwhelming exterior and interior

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