Brooke and Marcus - Economy

Brooke and Marcus - Economy

Published on 9 June 2022
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Transcript
00:05
The Economy of The Roman Republic and Carthage
00:08
Marcus and Brooke
00:12
The Roman Republic
00:15
The Roman Republic's Economy was mainly trade based...... This was hard work and led to war captives being sold into slavery because they could work harder and longer hours, helping economic production
00:17
There were many military conquests bringing an increase in the economy It was also common during the wars for the wealthy would buy small landowners land who didn't return and create larger and larger farms also known as latifundia
00:24
There became a high demand for agricultural produce and so many large farm owners decided to switch to higher value crops such as olives or grapes
00:29
The Romans Imported.....
00:34
Beef Corn Marble Metals Pottery ect...
00:39
And exported agricultural goods as well as wine and olive oil
00:45
The Romans were commonly in trade with.....
00:46
BRITIAN
00:47
FRANCE
00:48
SPAIN
00:49
NORTH AFRICA
00:50
MIDDLE EAST
00:52
Britain was very reliant on the Romans in trade as they provided security to the empire while the Barbarians were running loose throughout Europe
00:54
Major Trading Ports of the Romans included: - Ostia - Gades - Alexandria - Antioch
00:55
Previous military roads built by the Romans were also used for trade
01:00
Carthage
01:04
The Carthaginians were very successful traders
01:06
The aristocracy in Carthage was heavily trade dominated as the majority of the traders were aristocratic merchants who were also in control of the political and religious duties of Carthage
01:10
Carthaginian traders were very well known and well liked
01:13
They were known for being able to sell anything to anyone, for a price
01:17
They commonly traded with.....
01:18
GREECE
01:20
EGYPT
01:22
THE  PHONETIANS
01:23
As well as Hellenistic Kingdoms and the indigenous people
01:25
They commonly used trade routes between the western Mediterranean and the Levant
01:27
Carthaginian traders commonly traded at popular markets in Athens, Delos, and Syracuse
01:30
Carthage also had many foreign traders from Rhodes, Athens, and Italy. The traders were treated equally among the native merchants. The goods of the foreign traders were bought and re-exported by Carthage merchants
01:32
Carthage also used trading ships for trade which had a large merchant harbor connected directly to the city’s naval harbor
01:35
The Carthaginian commonly imported and exported precious metals, animal skin, purple dyed cloth, fine textiles, wool, amber, weapons, ect. Carthage also would come to face warfare due to gain/keep control of lucrative trading routes.
01:37
The more territories that Carthage conquered the more natural resources it they provided such as gold or silver
01:40
In conclusion, both civilizations were successful at trading and had a very intricate economy
01:47
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