CIVILIZATION
ROMAN
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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People lost their jobs
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Romans stopped paying taxes.
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The government made more and more new coins.
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Prices of goods and services stayed the same.
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Detailed explanation-1: -Everyone learned to use the same coins, which made it much easier to set prices and to buy and sell goods (and pay taxes). Besides making trade easier, coins helped the government to communicate with people. Inscriptions and images on the coins sent messages from Rome throughout the empire.
Detailed explanation-2: -Adding more coins of poorer quality into circulation did not help increase prosperity – it just transferred wealth away from the people, and it meant that more coins were needed to pay for goods and services. At times, there was runaway inflation in the empire.
Detailed explanation-3: -The Agrarian Economy and Rural Markets The so-called Mediterranean triad dominated Roman agriculture: cereals, grapevines, and olive trees (see agriculture, Roman; cereals; wine, Greek and Roman; olive).