It was this transition from republic to principate, and alter naked empire, that laid the seeds of the decline of Rome.
The partially inclusive political institutions, which had formed the basis for the economic success, were gradually undermined. Even if the Rome Republic created a tilted playing field in favor of the senatorial class and other wealthy Romans, it was not an absolutist regime and had never before concentrated so much power in one position.
the changes unleashed by Augustus, as with the Venetian Serrata, were at first political but than would have significant economic consequences. As a result of these changes, by the fifth century AD the Western Roman Empire, as the West was called after it split from the East, had declined economically and militarily, and was on the brink of collapse.
It was this transition from republic to principate, and alter naked empire, that laid the seeds of the decline of Rome.The partially inclusive political institutions, which had formed the basis for the economic success, were gradually undermined. Even if the Rome Republic created a tilted playing field in favor of the senatorial class and other wealthy Romans, it was not an absolutist regime and had never before concentrated so much power in one position.the changes unleashed by Augustus, as with the Venetian Serrata, were at first political but than would have significant economic consequences. As a result of these changes, by the fifth century AD the Western Roman Empire, as the West was called after it split from the East, had declined economically and militarily, and was on the brink of collapse.
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