Economy of ancient Rome

In Ancient Rome, a latifundium (; from 'spacious' and , 'farm, estate') was a great landed estate specialising in agriculture destined for sale: grain, olive oil, or wine. They were characteristic of Magna Graecia and Sicily, Egypt, Northwest Africa and Hispania Baetica. The latifundia were the closest approximation to industrialised agriculture in antiquity, and their economics depended upon slavery.

institutionalized servitude in ancient Rome

latin saying

thumb|right|The Aerarium Saturni (top) and its ruins (bottom); drawing by Jan Goeree, before 1704 Aerarium, from aes ("bronze, money") + -ārium ("place for"), was the name given in Ancient Rome to the public treasury, and in a secondary sense to the public finances.

Artificial mountain made from broken Roman pottery

Comes (plural comites), translated as count, was a Roman title, generally linked to a comitatus or comital office.

'''''' () was the treasury of the Roman Empire. It was initially the personal wealth of the emperors, funded by taxation on the imperial provinces, assumption of estates and other privileges. By the third century it was understood as a state fund rather than a personal one, albeit under the emperor's control. It is the origin of the English terms "" and "".

edict

economy of the ancient Roman civilization

thumb|upright=1.4|Diagram of a typical Roman domus, with a taberna on each side of the entrance

In Roman law, mancipatio (f. Latin manus, "hand"; and capere, "to take hold of") was a solemn verbal contract by which the ownership of certain types of goods (res mancipi) was transferred. Mancipatio was also the legal procedure for drawing up wills, emancipating children from their parents, and adoption.

social welfare policy of grain distribution in ancient Rome

pre-Middle Age history of economic thought

Of Ancient Roman containers, a congiarium, or congiary (Latin, from congius), was a vessel containing one congius, a measure of volume equal to six sextarii.

The donativum (plural donativa) was a gift of money by the Roman emperors to the soldiers of the Roman legions or to the Praetorian Guard. The English translation is donative.

major sector of the Roman economy

wood, bone, or ivory tablet affixed to a sealed pouch containing coins

history of wine in ancient Rome

A rationalis was a high-ranking fiscal officer in the Roman Empire. Until replaced by the comes sacrarum largitionum by Emperor Constantine in the early 4th century, the rationalis summarum – comparable to a modern-day finance minister – was one of two state officials who had authority over the imperial treasury, the other one being the rationalis rei privatae (manager of imperial estates and city properties). Examples for tasks that were performed by a rationalis are "the collection of all normal taxes and duties, the control of currency and the administration of mines and mints".

amphorae inscriptions

economy of the region

result of the geographical expansion of the Roman Empire

The Capitatio-Iugatio is the tax collection system developed by Diocletian during the Roman Empire, which determines the amount levied on agriculturally productive land.

Lives and social status of poor people in ancient Rome