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HISTORY
CASH CRISIS
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Created by
Maximo Pernisek
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Cards (11)
Inflation
Prices
rise
and money
loses
its value
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Economic problems faced by the Roman Empire
Inflation
Heavy
taxes
Debasement
of currency (money worth
less
than before)
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How the Roman Empire got money
1.
Taxes
2.
Tributes
(payments from conquered peoples)
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Pressure on the
Roman Empire's resources
Little
left for other
things
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Debasement of currency
Money
was worth
less
than before
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Value of the Empire's
money
went
down
People couldn't
buy
as much with their
money
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People couldn't buy as much with their money
Led to less
spending
and slower
economic
activity
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Trade networks
Routes that allowed the
Empire
to
buy
and sell goods with other places
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Decline of trade networks
Harder
for the
Empire
to do business, which slowed down economic growth
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These issues led to a
stuck economy
and
upset
people
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The strain on resources, less valuable money, and reduced
trade
created an
unstable
economy
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