Roman economy in the context of "Angel"

The fall of the Western Roman Empire, also called the fall of the Roman Empire or the fall of Rome, was the loss of central political control in the Western Roman Empire, a process in which the Empire failed to enforce its rule, and its vast territory was divided among several successor polities. The Roman Empire lost the strengths that had allowed it to exercise effective control over its Western provinces; modern historians posit factors including the effectiveness and numbers of the army, the health and numbers of the Roman population, the strength of the economy, the competence of the emperors, the internal struggles for power, the religious changes of the period, and the efficiency of the civil administration. Increasing pressure from invading peoples outside Roman culture also contributed greatly to the collapse. Climatic changes and both endemic and epidemic disease drove many of these immediate factors. The reasons for the collapse are major subjects of the historiography of the ancient world and they inform much modern discourse on state failure.

In 376, a large migration of Goths and other non-Roman people, fleeing from the Huns, entered the Empire. Roman forces were unable to exterminate, expel or subjugate them (as was their normal practice). In 395, after winning two destructive civil wars, Theodosius I died. He left a collapsing field army, and the Empire divided between the warring ministers of his two incapable sons. Goths and other non-Romans became a force that could challenge either part of the Empire. Further barbarian groups crossed the Rhine and other frontiers. The armed forces of the Western Empire became few and ineffective, and despite brief recoveries under able leaders, central rule was never again effectively consolidated.

The Crisis of the Third Century, also known as the Military Anarchy or the Imperial Crisis, was a period in Roman history during which the Roman Empire nearly collapsed under the combined pressure of repeated foreign invasions, civil wars and economic disintegration. At the height of the crisis, the Roman state split into three distinct and competing polities. The period is usually dated between the death of Severus Alexander (235) and accession of Diocletian (284).

The crisis began in 235 with the assassination of Emperor Severus Alexander by his own troops. During the following years, the empire saw barbarian invasions and migrations into Roman territory, civil wars, peasant rebellions and political instability, with multiple usurpers competing for power. This led to the debasement of currency and a breakdown in both trade networks and economic productivity, with the Plague of Cyprian contributing to the disorder. Roman armies became more reliant over time on the growing influence of the barbarian mercenaries known as foederati. Roman commanders in the field, although nominally loyal to the state, became increasingly independent of Rome's central authority.

Roman commerce was a major sector of the Roman economy during the later generations of the Republic and throughout most of the imperial period. Fashions and trends in historiography and in popular culture have tended to neglect the economic basis of the empire in favor of the lingua franca of Latin and the exploits of the Roman legions. The language and the legions were supported by trade and were part of its backbone. The Romans were businessmen, and the longevity of their empire was caused by their commercial trade.

Whereas in theory members of the Roman Senate and their sons were restricted when engaging in trade, the members of the equestrian order were involved in businesses despite their upper-class values, which laid the emphasis on military pursuits and leisure activities. Plebeians and freedmen held shop or manned stalls at markets, and vast numbers of slaves did most of the hard work. The slaves were themselves also the subject of commercial transactions. Probably because of their high proportion in society compared to that in Classical Greece, the reality of runaways, and the Servile Wars and minor uprisings, they gave a distinct flavor to Roman commerce.

Aizanoi (Ancient Greek: Αἰζανοί), Latinized as Aezani, was an Ancient Greek city in western Anatolia. It was located at the site of the modern village of Çavdarhisar, near Kütahya, on both sides of the Penkalas river, c. 1,000 m (3,300 ft) above sea level. The city was an important political and economic centre in Roman times; surviving remains from the period include a well-preserved Temple of Zeus, a combined theatre-stadium complex, and a round building, probably a macellum, inscribed with a copy of the Price Edict of Diocletian. The city fell into decline in Late Antiquity. In 2012 the site was submitted for inclusion on the UNESCO World Heritage List.