CLAS 3P05 Lecture Notes - Lecture 4: Denarius, Socii, Veii
Document Summary
Social struggles: empire = province, increased monetisation, economic boom, agricultural depression, cultural drift (cybele to rome, social struggle, monetising the army, increasing gains, division of spoils. Siege of veii, expansion to campaignia, punic wars. 20 year campaigns, equipment, creation/maintenance of fleets: tributum from roman citizens and italian allies, roman money, aes rude (approx. Uncia=1/12as: 211bc silver denarius (4g=10as), sestercius- bronze (1/4 denarius, 225bc gold stater (48 as, temple of juno moneta- 1st mint beside the temple. 3- land crisis: income gap, 2 main causes, prolonged absence of domestic male labour, restricted earning/investments upon returns. Increased prosperity: cash money, territory: land, trade, routes, natural, agricultural resources, roman economic boom, basis of ancient economy, agriculture, labour surplus. Trade of products (senators prohibited from this- used middlemen) Cottage industry and manufactories (pottery, cloth, metal: eg. Increased unemployment: farm bankruptcies, unemployed retired soldiers, relocation to rome, enrollment in urban tribes.