The Economy of Ancient Rome

What were some of the key contributions of the Roman Empire to modern society?

• Space exploration

• Industrial revolution

• Democracy and legal systems

• Digital technology

What type of tax was primarily used in early Rome to fund infrastructure and military protection?

• Income tax

• Sales tax

• Wealth tax

• Import tax

How did the Roman Empire adapt its tax collection system as it expanded?

• By eliminating all taxes

• By introducing digital record-keeping

• By privatizing tax collection

• By increasing income taxes

Which ancient civilizations were wealthier than Rome during its empire?

• Persia and Babylon

• China and India

• Maya and Aztec

• Egypt and Greece

What was a major limitation of Rome's economy despite its advancements?

• Lack of military power

• Poor agricultural land

• No trade routes

• Limited technology

What financial innovation did Rome implement to address its economic downturn?

• Cryptocurrency

• Stock market

• Blockchain technology

• Quantitative easing

What was the role of the Via Sacra in ancient Rome?

• An agricultural hub

• A marketplace and financial center

• A religious site

• A military training ground

How did the Roman government respond to the financial crisis in 33 AD?

• By closing all banks

• By increasing taxes

• By distributing funds to banks

• By cutting military spending

What was a key factor that led to the economic downturn in Rome?

• Discovery of new lands

• Decline in agriculture

• Rising land prices

• Increase in population

What does the study of ancient Rome's economy help us understand about modern society?

• The impact of art and culture

• The importance of military power

• The evolution of financial systems

• The role of religion in governance