UPSC Exam > UPSC Questions > After the death of which one of the following...
Start Learning for Free
After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?
- a)Pius
- b)Augustus
- c)Nero
- d)Claudium
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
After the death of which one of the following Roman kings, the trade w...
Nero was the fifth emperor of Rome. He was adopted by the Roman emperor Claudius at the age of thirteen, and succeeded him to the throne. Nero seems to have been popular with his Praetorian guards, and with lower-class commoners in Rome and the provinces, but was deeply resented by the Roman aristocracy.
View all questions of this test
Most Upvoted Answer
After the death of which one of the following Roman kings, the trade w...
Trade during the Roman Empire under Nero
During the reign of Nero, the Roman Empire faced severe financial difficulties, which led to a decline in the use of coins for trade. As a result, barter trade became more prevalent. This was due to several reasons:
1. Financial difficulties
- Nero's reign was marked by financial difficulties due to the cost of maintaining the Roman army and the construction of public buildings.
- Nero's extravagant spending on his own personal pleasures, such as building the Domus Aurea, worsened the financial situation.
2. Devaluation of coins
- Nero's government devalued the Roman currency, which led to inflation and a loss of confidence in coins as a reliable medium of exchange.
- This made it more difficult for merchants to conduct trade using coins.
3. Introduction of new coins
- Nero introduced new coins with lower silver content, which were worth less than the older coins.
- This further eroded the value of coins as a means of exchange.
4. Shift towards barter trade
- As coins lost their value, people began to rely more on barter trade, where goods and services were exchanged directly without the use of coins.
- This was particularly the case in rural areas where coins were scarce.
Conclusion
The financial difficulties faced by the Roman Empire during Nero's reign led to a decline in the use of coins for trade and a shift towards barter trade. This had significant implications for the economy and society of the Roman Empire.
During the reign of Nero, the Roman Empire faced severe financial difficulties, which led to a decline in the use of coins for trade. As a result, barter trade became more prevalent. This was due to several reasons:
1. Financial difficulties
- Nero's reign was marked by financial difficulties due to the cost of maintaining the Roman army and the construction of public buildings.
- Nero's extravagant spending on his own personal pleasures, such as building the Domus Aurea, worsened the financial situation.
2. Devaluation of coins
- Nero's government devalued the Roman currency, which led to inflation and a loss of confidence in coins as a reliable medium of exchange.
- This made it more difficult for merchants to conduct trade using coins.
3. Introduction of new coins
- Nero introduced new coins with lower silver content, which were worth less than the older coins.
- This further eroded the value of coins as a means of exchange.
4. Shift towards barter trade
- As coins lost their value, people began to rely more on barter trade, where goods and services were exchanged directly without the use of coins.
- This was particularly the case in rural areas where coins were scarce.
Conclusion
The financial difficulties faced by the Roman Empire during Nero's reign led to a decline in the use of coins for trade and a shift towards barter trade. This had significant implications for the economy and society of the Roman Empire.
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer?
Question Description
After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer?.
After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer?.
Solutions for After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice After the death of which one of the following Roman kings, the trade was conducted more by barter than by coins on account of the financial difficulties of the Roman empire?a)Piusb)Augustusc)Nerod)ClaudiumCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup