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Economy of Late Antiquity

Economy of Late Antiquity . By Lyndon Exton and Katie Alexander . The Big Question. How did the Economy Effect the Challenges of Building Back the Empire????. The Emperor . The emperor governed with the Roman senate resulted in civil war, foreign invasion, and corruption

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Economy of Late Antiquity

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  1. Economy of Late Antiquity By Lyndon Exton and Katie Alexander

  2. The Big Question How did the Economy Effect the Challenges of Building Back the Empire????

  3. The Emperor • The emperor governed with the Roman senate • resulted in civil war, foreign invasion, and corruption • all authority was taken away from the emperor The Solution The Problem • Diocletian restored the • Empire back to glory • he made sure that there • Was a ruler to succeed him • He split the empire into • four sections, all ruled by • four different emperors- including himself

  4. Coinage • copper coinage began to decrease in value • the solidus did not benefit the poor standard gold coin • 450,000 copper coins bought one solidus • small businesses and merchants struggled to get by

  5. Christianity’s Contributions • New jobs and opportunities were introduced for Christians • Women had opportunities • converted men to Christianity • Jobs • Doorkeepers • grave diggers

  6. Christianity’s Contributions • Roman Catholic Church became main religion • took money from people • Bishop- Episcopal authority

  7. Rich/Poor • Rich • have more authority • More property • Greater goods • the Bishop • he was the head of the most important institution in the Roman world • Poor • One single solidus represented four months pay. • faced extreme economic hardship

  8. Sources • the textbook • Sizgorich, Tom. "late antiquity." World History: Ancient and Medieval Eras. ABC-CLIO, 2014. Web. 24 Jan. 2014. http://ancienthistory.abc-clio.com/Search/Display/619736?terms=late+antiquity • http://jaysromanhistory.com/romeweb/laterome/art8.htm

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