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Economy Of Ancient Rome
The study of the economies of the ancient city-state of Rome and its empire during the Republican and Imperial periods remains highly speculative. There are no surviving records of business and government accounts, such as detailed reports of tax revenues, and few literary sources regarding economic activity. Instead, the study of this ancient economy is today mainly based on the surviving archeological and literary evidence that allow researchers to form conjectures based on comparisons with other more recent pre-industrial economies. During the early centuries of the Roman Republic, it is conjectured that the economy was largely agrarian and centered on the trading of commodities such as grain and wine.Garnsey, Peter, et al. The Roman Empire: Economy, Society and Culture. 2nd ed., University of California Press, 2015, www.jstor.org/stable/10.1525/j.ctt9qh25h. Financial markets were established through such trade, and financial institutions, which extended credit for personal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solidus Constantine II-heraclea RIC VII 101
Solidus (Latin for "solid") may refer to: * Solidus (coin), a Roman coin of nearly solid gold * Solidus (punctuation), or slash, a punctuation mark * Solidus (chemistry), the line on a phase diagram below which a substance is completely solid * Solidus Snake, a character in ''Metal Gear Solid 2: Sons of Liberty'' {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diocletian
Diocletian ( ; ; ; 242/245 – 311/312), nicknamed Jovius, was Roman emperor from 284 until his abdication in 305. He was born Diocles to a family of low status in the Roman province of Dalmatia (Roman province), Dalmatia. As with other Illyrian emperors, Illyrian soldiers of the period, Diocles rose through the ranks of the military early in his career, serving under Aurelian and Probus (emperor), Probus, and eventually becoming a Roman cavalry, cavalry commander for the army of Emperor Carus. After the deaths of Carus and his son Numerian on a campaign in Sasanian Empire, Persia, Diocles was proclaimed emperor by the troops, taking the name "Diocletianus". The title was also claimed by Carus's surviving son, Carinus, but he was defeated by Diocletian in the Battle of the Margus. Diocletian's reign stabilized the empire and ended the Crisis of the Third Century. He initiated the process of the Roman Empire split and appointed fellow officer Maximian as ''Augustus (title), Augu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thracia
Thracia or Thrace () is the ancient name given to the southeastern Balkans, Balkan region, the land inhabited by the Thracians. Thrace was ruled by the Odrysian kingdom during the Classical Greece, Classical and Hellenistic period, Hellenistic eras, and briefly by the Greek Diadochi ruler Lysimachus, but became a client state of the late Roman Republic and early Roman Empire as the Sapaean kingdom. Roman emperor Claudius annexed the kingdom as a Roman province in 46 AD. Confines From the perspective of classical Greece, Thracia included the territory north of Thessaly, with no definite boundaries, sometimes to the inclusion of Macedonia (ancient kingdom), Macedonia and Scythia Minor (Dobruja), Scythia Minor. Later, Thracia proper was understood to include the territory bordered by the Danube on the north, by the Black Sea on the east, by Macedonia (ancient kingdom), Macedonia in the south and by Illyria to the west, roughly equivalent with the territory of the Odrysia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macedonia (Roman Province)
Macedonia (; ) was a province of ancient Rome, encompassing the territory of the former Antigonid Kingdom of Macedonia, which had been conquered by the Roman Republic in 168 BC at the conclusion of the Third Macedonian War. The province was created in 146 BC, after the Roman general Quintus Caecilius Metellus defeated Andriscus of Macedon, the last self-styled King of Macedonia in the Fourth Macedonian War. The province incorporated the former Kingdom of Macedonia with the addition of Epirus, Thessaly, and parts of Illyria, Paeonia and Thrace. During the Republican period, the province was of great military significance, as the main bulwark protecting the Aegean region from attacks from the north. The Via Egnatia, which crossed the province from west to east was of great strategic importance, providing the main overland link between Rome and its domains in the Eastern Mediterranean. In this period, campaigns against the Dardani and Scordisci to the north and the Thracians ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Danubian Provinces
The Danubian provinces of the Roman Empire were the provinces of the Lower Danube, within a geographical area encompassing the middle and lower Danube basins, the Eastern Alps, the Dinarides, and the Balkans. They include Noricum, Dacia ( Trajana and Aureliana), the northern part of Dalmatia, Moesia (Inferior and Superior), Scythia Minor, and Pannonia ( Superior and Inferior). The Danube defined the region to the north, with the Carpathian Mountains to the north and east. These provinces were important to the Imperial economy as mining regions, and their general significance in the Empire of the 3rd century is indicated by the emperors who came from the region. The Roman presence in the region can be described as having four phases from Augustus to Hadrian: military conquest under Augustus, and consequent military actions; the establishment of military bases along roads and river crossings under Claudius; the establishment of camps along the river for stationing legions and a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Supply
In macroeconomics, money supply (or money stock) refers to the total volume of money held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include currency in circulation (i.e. physical cash) and demand deposits (depositors' easily accessed assets on the books of financial institutions). Money supply data is recorded and published, usually by the national statistical agency or the central bank of the country. Empirical money supply measures are usually named M1, M2, M3, etc., according to how wide a definition of money they embrace. The precise definitions vary from country to country, in part depending on national financial institutional traditions. Even for narrow aggregates like M1, by far the largest part of the money supply consists of deposits in commercial banks, whereas currency (banknotes and coins) issued by central banks only makes up a small part of the total money supply in modern economies. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William V
William V may refer to: * William V, Duke of Aquitaine (969–1030) * William V of Montpellier (1075–1121) * William V, Marquess of Montferrat (1191) * William V, Count of Nevers (before 11751181) * William V, Duke of Jülich (1299–1361) * William V, Count of Holland (1330–1389) * William V of Jülich-Berg (1516–1592) * William V, Duke of Bavaria (1548–1626) * William V, Landgrave of Hesse-Kassel (1602–1637) *William V, Prince of Orange William V (Willem Batavus; 8 March 1748 – 9 April 1806) was Prince of Orange and the last Stadtholder of the Dutch Republic. He went into exile to London in 1795. He was furthermore ruler of the Principality of Orange-Nassau until his death in ... (1748–1806) See also * * Guillaume V (other), lists people named with the French equivalent of ''William V'' * King William (other) * Prince William (other) ** Guillaume, Hereditary Grand Duke of Luxembourg (born 1981), possible future regnal name ** Wil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit (finance)
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. The resources provided by the first party can be either property, fulfillment of promises, or performances. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French cré ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seneca The Younger
Lucius Annaeus Seneca the Younger ( ; AD 65), usually known mononymously as Seneca, was a Stoicism, Stoic philosopher of Ancient Rome, a statesman, a dramatist, and in one work, a satirist, from the post-Augustan age of Latin literature. Seneca was born in Córdoba, Spain, Colonia Patricia Corduba in Hispania, and was trained in rhetoric and philosophy in Rome. His father was Seneca the Elder, his elder brother was Lucius Junius Gallio Annaeanus, and his nephew was the poet Lucan. In AD 41, Seneca was exiled to the island of Corsica under emperor Claudius, but was allowed to return in 49 to become a tutor to Nero. When Nero became emperor in 54, Seneca became his advisor and, together with the praetorian prefect Sextus Afranius Burrus, provided competent government for the first five years of Nero's reign. Seneca's influence over Nero declined with time, and in 65 Seneca was executed by forced suicide for alleged complicity in the Pisonian conspiracy to Assassination, assassinate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Run
A bank run or run on the bank occurs when many Client (business), clients withdraw their money from a bank, because they believe Bank failure, the bank may fail in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvency, insolvent. When they transfer funds to another institution, it may be characterized as a capital flight. As a bank run progresses, it may become a self-fulfilling prophecy: as more people withdraw cash, the likelihood of default increases, triggering further withdrawals. This can destabilize the bank to the point where it runs out of cash and thus faces sudden bankruptcy. To combat a bank run, a bank may acquire more cash from other banks or from the central bank, or limit the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fractional Reserve Banking
Fractional-reserve banking is the system of banking in all countries worldwide, under which banks that take deposits from the public keep only part of their deposit liabilities in liquid assets as a reserve, typically lending the remainder to borrowers. Bank reserves are held as cash in the bank or as balances in the bank's account at the central bank. Fractional-reserve banking differs from the hypothetical alternative model, full-reserve banking, in which banks would keep all depositor funds on hand as reserves. The country's central bank may determine a minimum amount that banks must hold in reserves, called the " reserve requirement" or "reserve ratio". Most commercial banks hold more than this minimum amount as excess reserves. Some countries, e.g. the core Anglosphere countries of the United States, the United Kingdom, Canada, Australia, and New Zealand, and the three Scandinavian countries, do not impose reserve requirements at all. Bank deposits are usually of a r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
