Inflation

                                                                            Inflation
             Inflation was one of the reasons for the fall of the Roman empire. The Roman economy experienced inflation, which is an increase in prices. Since the Romans had stopped conquering new lands, the supply of gold reduced. The Romans started using gold to pay for things, but there wasn't much gold to use for making coins. The amount of golden coins decreased. Since the value of gold coins decreased when people stopped using them, the Roman merchants raised the price of goods. Roman citizens started to trade and barter for things. Later, the goods were paid by food and clothing. Taxes had to be paid with fruits and vegetables.
                                                                                       
Who-Caused-The-Fall-Of-Rome.jpg (400×378)

--Jenny Nguyen


1 comment: