ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A people known for their military, political, and social institutions, the ancient Romans conquered vast amounts of land in Europe and northern Africa, built roads and aqueducts, and spread Latin, their language, far and wide.

Detailed explanation-2: -By importing goods from other countries they could raise their living standards and have more luxuries. Trade routes covered the Roman Empire along with sea routes covering the Mediterranean and Black Seas, and many different land routes which used the roads that the Romans Trade had built.

Detailed explanation-3: -They built harbors, canals, and a vast system of roads. While it lasted, the Pax Romana (Roman Peace) provided the order and stability that trade required. The Roman army made the roads and sea routes safe for traders. In turn, trade helped the economy grow.

Detailed explanation-4: -Ancient Rome con-tributed very much to the establishment of law, art, literature, war, technology, architec-ture, religion, and language in the western society. The history of the Ancient Rome still has a key influence on the world today.