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RE: LeoThread 2024-12-20 12:19

in LeoFinance12 days ago

Part 6/10:

Despite its advancements, the Roman economy, at its peak, was dwarfed by other civilizations like China and India, largely due to agrarian limitations. Much of the populace engaged in agriculture, limiting Rome's capacity for wealth creation compared to these better-endowed regions with superior farmland. Intriguingly, Rome’s total GDP amounted to only about $32 billion in modern USD, translating to a mere $527 per capita—ranked lower than any nation today.

Banking Systems and Economic Downturns