Study of the Roman economy, which is, the economies of the ancient city-state of Rome and its empire during the Republican and Imperial periods remains highly speculative.
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Study of the Roman economy, which is, the economies of the ancient city-state of Rome and its empire during the Republican and Imperial periods remains highly speculative.
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Roman economy sailing vessels navigated the Mediterranean as well as the major rivers of the Empire, including the Guadalquivir, Ebro, Rhone, Rhine, Tiber and Nile.
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Whereas the Roman Economy was able to thrive in the first few centuries AD thanks to its advanced trade and commerce, the boom was tempered as their ways of conducting business changed drastically.
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When those countries came under decline in around 2nd century AD, and respective trade between them and the Roman Empire had to cease as a result, this put a dent in the strength of the Roman economy as foreign trade was a major factor of economic growth for the superfluously resourced Roman Empire.
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All cited economic historians stress the point that any estimate can only be regarded as a rough approximation to the realities of the ancient Roman economy, given the general paucity of surviving pertinent data.
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Roman economy concluded that existing estimates of Roman GDP should be revised upwards.
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The revenues garnered in Egypt in 80 BC alone was seven times the amount of tax money contemporary Roman economy Gaul offered to the Roman economy coffers following its conquest by Julius Caesar, a mere 40 million sesterces.
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