Commercial Classes
The majority of the people of the Roman Empire were living in destitution, with an insignificant part of the population engaged in commerce, being much poorer than the elite. The industrial output was minimal, due to the fact that the majority poor could not pay for the markets for products. Technological advance was severely hampered by this fact. Urbanization in the western part of the empire was also minimal due to the poverty of the region. Slaves accounting for most of the means of industrial output, rather than technology.
Read more about this topic: Roman Commerce
Famous quotes containing the words commercial classes, commercial and/or classes:
“It is only by not paying ones bills that one can hope to live in the memory of the commercial classes.”
—Oscar Wilde (18541900)
“There is every reason to rejoice with those self-styled prophets of commercial disaster, those harbingers of gloom,
Over the imminent lateness of the denouement that, advancing slowly, never arrives,
At the same time keeping the door open to a tongue-in-cheek attitude on the part of the perpetrators....”
—John Ashbery (b. 1927)
“... too much attention is paid to dress by those who have neither the excuse of ample means nor of social claims.... The injury done by this state of things to the morals and the manners of our lower classes is incalculable.”
—Mrs. H. O. Ward (18241899)