Due to its ideal location, Constantinople was a thriving trade center with a stable economy. However, with the Plague of Justinian, “slaves remained destitute of masters, and men who in former times were very prosperous were deprived of the service of their domestics who were either sick or dead…and work of every description ceased, and all the trades were abandoned by the artisans and all other work as well, such as each had in hand” (Procopius). In result of a skyrocketing mortality rate, there were multiple slaves who were without masters, and formerly affluent individuals suffered due to the shortage of help. With the imbalance of workers and work, it can be certain that the economy suffered major losses, with work undone and land left abandoned. In the presence of this epidemic, every economic activity was completely abandoned. All work was terminated, and all artistic trades were deserted, which led to a severe case of inflation. Overall, Constantinople and the surrounding Mediterranean experienced an abrupt halt in their economy. Furthermore, starvation became less uncommon, and it was considered to be a “very notable thing to have a sufficiency of bread or of anything else” (Procopius). Due to this lack of supplies, the mortality rate further increased, especially with the sharp rise of deaths related to the Plague of Justinian. In a shocking contrast, the luxurious Byzantine Empire disintegrated into a terribly impoverished state. Likewise, the brutal conditions of the plague forced the economy into abrupt and extreme inflation during the Black Death. Due to the difficulty and danger of procuring goods through trade for production, the prices of both goods produced locally and those imported from other lands increased
Due to its ideal location, Constantinople was a thriving trade center with a stable economy. However, with the Plague of Justinian, “slaves remained destitute of masters, and men who in former times were very prosperous were deprived of the service of their domestics who were either sick or dead…and work of every description ceased, and all the trades were abandoned by the artisans and all other work as well, such as each had in hand” (Procopius). In result of a skyrocketing mortality rate, there were multiple slaves who were without masters, and formerly affluent individuals suffered due to the shortage of help. With the imbalance of workers and work, it can be certain that the economy suffered major losses, with work undone and land left abandoned. In the presence of this epidemic, every economic activity was completely abandoned. All work was terminated, and all artistic trades were deserted, which led to a severe case of inflation. Overall, Constantinople and the surrounding Mediterranean experienced an abrupt halt in their economy. Furthermore, starvation became less uncommon, and it was considered to be a “very notable thing to have a sufficiency of bread or of anything else” (Procopius). Due to this lack of supplies, the mortality rate further increased, especially with the sharp rise of deaths related to the Plague of Justinian. In a shocking contrast, the luxurious Byzantine Empire disintegrated into a terribly impoverished state. Likewise, the brutal conditions of the plague forced the economy into abrupt and extreme inflation during the Black Death. Due to the difficulty and danger of procuring goods through trade for production, the prices of both goods produced locally and those imported from other lands increased