WORLD HISTORY

Detailed explanation-1: -latifundium, plural Latifundia, any large ancient Roman agricultural estate that used a large number of peasant or slave labourers. The ancient Roman latifundia originated from the allocation of land confiscated by Rome from certain conquered communities, beginning in the early 2nd century bc.

Detailed explanation-2: -The Plantation Economy and the Planter Class A plantation economy is based on agricultural mass production, usually of a few staple products grown on large farms called plantations.

Detailed explanation-3: -Latifundia, a system of land tenure dominated by large rural estates (latifundios). Concentration of landownership began during the Conquest, with sizable royal grants establishing a system of land concentration that persists in much of Latin America.

Detailed explanation-4: -Roman property rights were individual, exclusive and fairly unrestricted. Large agricultural estates called latifundia were thus created, most often through the seizure of conquered land, which was leased out or sold as property (Nicolet, 1967).

Detailed explanation-5: -Latifundia were large parcels of land, which specialized in agriculture for export, such as grain, olive oil, and cattle. Latifundia relied on slave labor to produce large quantities of crops. These were developed in the 2nd century BC.