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Economy Of Ancient Rome
The study of the Roman economy, which is, 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 ext ... [...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) In chemistry, materials science, and physics, the solidus is the locus of temperatures (a curve on a phase diagram) below which a given substance is completely solid (crystallized). The solidus temperature, TS or Tsol, specifies the temperatu ..., 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'' * Solidus Labs, a cryptocurrency trade surveillance and risk monitoring company {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solidus (coin)
The ''solidus'' (Latin 'solid'; ''solidi'') or nomisma ( grc-gre, νόμισμα, ''nómisma'', 'coin') was a highly pure gold coin issued in the Late Roman Empire and Byzantine Empire. Constantine I, Constantine introduced the coin, and its weight of about 4.5 grams remained relatively constant for seven centuries. In the Byzantine Empire, the solidus or nomisma remained a highly pure gold coin until the 11th century, when several Byzantine Empire, Byzantine list of Byzantine emperors, emperors began to strike the coin with less and less gold. The nomisma was finally abolished by Alexius I in 1092, who replaced it with the hyperpyron, which also came to be known as a "bezant". The Byzantine solidus also inspired the originally slightly less pure Dinar (coin), dinar issued by the Muslim Caliphate. In Western Europe, the solidus was the main gold coin of commerce from late Roman times to Pepin the Short's Carolingian Renaissance#Carolingian currency, currency reform, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open-cast Mining
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow. This form of mining differs from extractive methods that require tunnelling into the earth, such as long wall mining. Open-pit mines are used when deposits of commercially useful ore or rocks are found near the surface. It is applied to ore or rocks found at the surface because the overburden is relatively thin or the material of interest is structurally unsuitable for tunnelling (as would be the case for cinder, sand, and gravel). In contrast, minerals that have been found underground but are difficult to retrieve due to hard rock, can be reached using a form of underground mining. To create an open-pit mine, the miners must determine the information of the ore that is underground. This is done through drilling of probe holes in the ground, then plotting eac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thracia
Thracia or Thrace ( ''Thrakē'') is the ancient name given to the southeastern Balkan region, the land inhabited by the Thracians. Thrace was ruled by the Odrysian kingdom during the Classical and 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 and 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 in the south and by Illyria to the west, roughly equivalent with the territory of the Thracian kingdom as it stood during the 5th to 1st centuries BC. With the annexation of the Thracian kingdom by the Roman ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macedonia (Roman Province)
Macedonia ( grc-gre, Μακεδονία) was a province of the Roman Empire, encompassing the territory of the former Antigonid Kingdom of Macedonia, which had been conquered by Rome 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 t ... [...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 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Supply
In macroeconomics, the money supply (or money stock) refers to the total volume of currency held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include Circulation (currency), currency in circulation (i.e. physical cash) and demand deposits (depositors' easily accessed assets on the books of financial institutions). The central bank of a country may use a definition of what constitutes legal tender for its purposes. Money supply data is recorded and published, usually by a government agency or the central bank of the country. Public sector, Public and private sector analysts monitor changes in the money supply because of the belief that such changes affect the price levels of Security (finance), securities, inflation, the exchange rates, and the business cycle. The relationship between money and prices has historically been associated with the quantity theory of money. There is some empirical evidence of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William V (born 1982), possible future regnal name
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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 (1748–1806) See also *Guillaume, Hereditary Grand Duke of Luxembourg (born 1981), possible future regnal name *William, Prince of Wales William, Prince of Wales, (William Arthur Philip Louis; born 21 June 1982) is the heir apparent to the British throne. He is the elder son of King Charles III and his first wife Diana, Princess of Wales. Born in London, William was educat ... [...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. 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 crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seneca The Younger
Lucius Annaeus Seneca the Younger (; 65 AD), usually known mononymously as Seneca, was a Stoic philosopher of Ancient Rome, a statesman, dramatist, and, in one work, satirist, from the post-Augustan age of Latin literature. Seneca was born in Córdoba in Hispania, and raised in Rome, where he was trained in rhetoric and philosophy. 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 forced to take his own life for alleged complicity in the Pisonian conspiracy to assassinate Nero, in which he was probably innocen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Run
A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function 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, insolvent; they keep the cash or transfer it into other assets, such as government bonds, precious metals or gemstones. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
