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Was inflation not a contributing factor of the fall of the Roman Empire?
Wiki User
∙ 11y ago
There are two terms: decline and fall of the Roman Empire. The former refers to the last 2-3 centuries of the empire. There was a decline in the economy of the empire. Roman coins had been debased for many years. The gold or silver content of the coins was continually decreased, effectively devaluing them. The coins reached a point in which they had as little as 5% of precious metal and had vitally no value. This created hyperinflation and a breakdown of trade as money was useless as a means of exchange. It also led to a decline of the urban economy and a decrease in the urban population because the cities produced manufactures for long-distance trade. Many people migrated to the countryside and became servile labour for the owners of large landed estates whose production had switched to production for local barter, rather than exports for the cities. The empire never fully recovered from this crisis.
Hyperinflation was a major cause of the so called decline of the empire. Whether inflation also contributed to the fall of the empire is a matter of opinion. If so, it would have been at most indirectly. It was the western part of the empire which fell. It fell under the weight of the Germanic invasions. The eastern part of the Roman Empire was not affected by these invasions and continued to exist for another 1,000 years.
The weakening of the economy which had been caused by hyperinflation made government revenues harder to raise and led to heavier taxation of people who were already worse off. At the same time government revenue requirements increased because the army was enlarged due to continuous attacks of the frontiers of the empire. However, I think that inflation was not a critical factor in the fall of the western part of the empire. The crucial factor was the Germanic invasions which made it disintegrate. The eastern part, which also had been affected by the economic problems and changes cause by hyperinflation continued to exist.
Wiki User
∙ 11y ago
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Who are the two emperors that wasted money in the roman empire?
The first emperor that wasted money in the roman empire was Marcus Aurelius because the economy was bad by the inflation of prices.
What was the reasons of decline in roman empire?
The decline Bad emperors Inflation with economy Mercenarie army Too big
Was Charlemagne's death a factor that caused the Fall of the Roman Empire?
No, it was not. Charlemagne died about 340 years after the fall of the western part o the Roman Empire.
What were the most contributing factors that was significant in the fall of the western roman empire?
The western Part of the Roman Empire fell under the weight of the invasions by the Germanic peoples who eventually took over all of its lands. The eastern part of the Roman Empire was not affected by these invasions and continued to exist for nearly 1,000 years.
Why did Diocletian issue the Edict of Prices?
To handle the inflation and the depreciation of currency in the Roman Empire. He cited the greed of merchants as being the cause of this
How did inflation affected the Roman Empire?
inflation happens when money loses its value and it affected the Roman Empire.
How did inflation lead to the opening of the roman empire invading people?
It was a factor which debased the currency and economy, however the over-riding factor was the mass influx of peoples from Eurasia which overwhelmed the Roman ability to resist.
What is the inflation in the roman empire?
uoy kcuf (backwards)
Who committed suicide contributing to the instability of the roman empire?
Nero
What was not a contributing factor to the fall of roman empire?
You need to research the topic so that you can decide what was not a factor for yourself.
What are specific examples of politics in history?
The Roman Empire One the many theories as to why the Roman Empire fell blames unthoughtful leaders, economic inflation, and invasions by hostile forces. *Geography in this case was the CAUSE of the Roman Empire.
Who are the two emperors that wasted money in the roman empire?
The first emperor that wasted money in the roman empire was Marcus Aurelius because the economy was bad by the inflation of prices.
Who were not contributing to the spread of Christianity throughout the roman empire?
The Romans who remained pagans did not contribute to the spread of Christianity Neither did Julian, who was the only pagan emperor in the Later Roman Empire
What was the reasons of decline in roman empire?
The decline Bad emperors Inflation with economy Mercenarie army Too big
Was Charlemagne's death a factor that caused the Fall of the Roman Empire?
No, it was not. Charlemagne died about 340 years after the fall of the western part o the Roman Empire.
What were the most contributing factors that was significant in the fall of the western roman empire?
The western Part of the Roman Empire fell under the weight of the invasions by the Germanic peoples who eventually took over all of its lands. The eastern part of the Roman Empire was not affected by these invasions and continued to exist for nearly 1,000 years.
Why did Diocletian issue the Edict of Prices?
To handle the inflation and the depreciation of currency in the Roman Empire. He cited the greed of merchants as being the cause of this
