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Which economic system was primarily practiced in ancient Rome?
Practice Questions
Q1
Which economic system was primarily practiced in ancient Rome?
Feudalism
Mercantilism
Slavery-based economy
Socialism
Questions & Step-by-Step Solutions
Which economic system was primarily practiced in ancient Rome?
Steps
Concepts
Step 1: Understand what an economic system is. It is how a society organizes the production and distribution of goods and services.
Step 2: Identify the main features of ancient Rome's economy. It was heavily reliant on agriculture and construction.
Step 3: Recognize the role of slavery in ancient Rome. Many people were enslaved and worked in various sectors.
Step 4: Conclude that the economic system in ancient Rome was primarily based on slavery, as slaves provided a large part of the labor force.
No concepts available.
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