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The Rise and Fall of Rome

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The Rise and Fall of Rome
The Economics Behind an Empire

4/18/2013
ECO 120
Seb Jaramillo

The Rise and Fall of Rome
To many people, the ancient world has always been a topic of great interest and study. The ancient world is essentially the explanation for how the world ended up where it is today. Our ancestors laid down the foundation that would help form and mold today’s civilization and the way people live out their lives in modern times. Perhaps no civilization of the past did more for the future than the efforts and contributions of the Roman Empire. For almost a millennia, the Romans controlled the vast majority of the world. Their Empire made it possible to spread wealth and knowledge to the far corners of the world and lay down a base common knowledge that helped pave the path for people to follow.
This paper shall look into the background of Rome and see what economic forces helped lead to the formation of such a formidable empire. What allowed these people to become so wealthy and construct a vast territory? Why was it easy for the Romans to do so much while many other nations are still set back in our day and age? The paper shall also look at the forces at work near the end of the Western Empire that brought an end to the glory and majesty of Rome and how this knowledge can perhaps produce a means of prevention of the same fate for the United States.
The city of Rome became a Republic around the year 509 BC. By the end of the first century BC Rome controlled almost all of the known world (the Mediterranean area). Its system of government changed from that of a Republic to an autocracy with the creation of the Principite, under the first emperor, Augustus Caesar. With Caesar began the two centuries of the Pax Romana. During this time, the Roman Empire became a commonwealth of states and not a large number of conquered provinces and

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