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Economic Troubles

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10 diapositives · 229 Views · Jul 27, 2014

This analysis explores the economic troubles impacting modern America, drawing parallels with ancient Rome's decline. Key issues such as high debt, rising unemployment, foreclosures, and industry failures threatening current stability echo the financial crises faced by Rome, including inflation and tax burdens. Despite similarities, the U.S. possesses unique advantages, such as technological advancements and lessons from past depressions. This investigation highlights the potential for America to navigate its economic challenges without replicating ancient Rome's demise.

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  1. Economic Troubles Ryan Johnston

  2. Economic Troubles • Economic problems have arouse in America which cause a recession. • These problems are affecting American’s because it causes: • Debts • Foreclosure • Industry failure • Unemployment • Economic troubles that affected ancient Rome to their collapse included: • Inflation • Tax increase • Debt • Taxes increase, which eventually lead to salaries been paid in food and clothing and taxes were collected in fruits and vegetables.

  3. U.S.A’s Economy • America’s economy is the largest in the world. • The current state of America’s economy is over 13.6 trillion dollar debt. • Unemployment rate is at a 75 year record high 8.1%.

  4. Rome’s Economy • The early economy was largely dependent on slave labor, and slaves constituted around 20 percent of the population. • The government also had to pay off many debts in order to pay for public construction, maintenance of roads and the Army.

  5. Similarities Between Economies • Similarities between the Roman and U.S economies include; debts, inflation and tax increase. • Also both countries were in control of national power.

  6. Rome’s Decline • Economic problems was one of many factors that lead to the decline of Rome. • Vast trade routes stopped because of the danger of traveling. • Small farmers eventually died out because of the economic boost that was lost.

  7. Obama’s Economic Plan • Stimulus Package • Cost – 800 Billion Dollars • Bailout variety of companies: • Auto Industry • Banks • Ect…

  8. Is U.S.A following Rome’s footsteps? • I feel that U.S.A is not following Rome’s footsteps in the decline in our country. • Evidence which I based my decision on include; • Experience- from the Great Depression • Advancement in technology.

  9. How Are/Can We Be Different From Them? • America is different from Ancient Rome because of the same reasons why I believe we are not following their footsteps.

  10. Work Cited • http://ancienthistory.about.com/cs/romefallarticles/a/fallofrome.htm • http://mr_sedivy.tripod.com/r_decline.html • http://recession.org/ • www.economywatch.com/world_economy/usa/ • http://en.wikipedia.org/wiki/Economy_of_the_United_States • http://www.biography.com/featured-biography/barack-obama/images/barack-obama.jpg • http://www.mapsofindia.com/worldmap/world-map.gif • http://www.thaiphysiciansusa.com/ • http://unimaps.com/flags-europe/italy-print2.html • http://www.greenvalleyhs.org/gvhs/studentpages/World%20History/my%20worldhistorywebsite.htm • http://www.ih.k12.oh.us/msbellb/physical_geography_of_ancient_ro.htm