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 related to commercial 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)
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