the augustan age sparked a major economic revival. the emperor directly controlled coinage, taxation, and his own enormous estates, but otherwise allowed the economy to operate freely, with demand dictating prices and profits. above all it was the end of civil war that encouraged economic growth. roman armies could control piracy and allow maritime trade across the mediterranean as never before.
villa of the mysteries, pompeii many wealthy romans invested in land, which they used for agriculture as well as recreation. often the owners lived in the city and hired an overseer to manage their estates. many also had lavish homes or villas which included beautiful works of art like this fresco from the villa of the mysteries outside of pompeii, italy.bridgeman art library, londonnew york
farming was the basis of the roman economy. republican senators traditionally invested their wealth in italian land, but the...
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