The decline of the Roman Empire was a slow process. The end result was the disintegration of what can be called the western part of the empire. The so called eastern half of the empire would be called the Byzantine Empire and last until 1453 when the Ottoman Turks captured Constantinople.
Frequently cited causes of Rome's decline are partly economic:
1. By the end of the 3rd century AD CE Rome had lost its vigor for its imperialistic form of foreign policy. There were no new lands it was able to conquer and thus no new tax revenues, slave enterprise, no new peoples to bring into the mix of the empire as it had done much earlier in its growth.
2. The agricultural and industrial part of the economy was slave driven, and as cited above, no new slaves were available.
3. As with many economic downturns, gold and silver currency lay uninvested and took no part in reversing the decline.
4. The western half of the empire operated in a closed manner and the vigorous commercial trading that had once spanned the empire began to be localized.
The Roman government was aware of the decline and failed to stop it when the coinage was debased. What could be bought with 10 pieces of silver now cost as example 15 pieces.
1. The government tried to freeze prices and wages. A nearly impossible task in the US in the 1970's and impossible in an old empire.
2. Trying to control the activities of farm owners and their workers to a planned economy did not help.
3. Various forms of taxation to control the economy by shifts in tax burdens failed.
4. Private initiative basically and slowly declined.
5. The government could no longer fund a military force to stop incursions from barbarians.
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Yes. The rich got too much money and the poor got none.
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a old roman building
The eastern part of the Roman empire was known as the Byzantine empire.The eastern part of the Roman empire was known as the Byzantine empire.The eastern part of the Roman empire was known as the Byzantine empire.The eastern part of the Roman empire was known as the Byzantine empire.The eastern part of the Roman empire was known as the Byzantine empire.The eastern part of the Roman empire was known as the Byzantine empire.The eastern part of the Roman empire was known as the Byzantine empire.The eastern part of the Roman empire was known as the Byzantine empire.The eastern part of the Roman empire was known as the Byzantine empire.