Inflation

                                                          

 

 

              The Fall of the Roman Empire consisted of 10 major events one of which was inflation.  Inflation was the rise in taxes and prices among the empire. Gold was used in coins of the Roman Empire. Much of the gold was acquired by conquering neighboring countries. When the Roman expansion declined,  the amount of gold decreased forcing the Romans to reduce the amount used in making  the coins. This in turn made them less valuable. To counteract,the decreased value, the merchants selling goods increased the prices to make more money. Soon the people could not afford the prices and had to stop purchasing items with coins, but instead bartered for the goods needed. Taxes could not be paid with the coins so it was paid in food instead (Fall of the Roman Empire). 

-Allie Beck

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