How Did Julius Caesar Improve The Economy

While the Roman economy struggled to maintain itself, Julius Caesar reduced the extensive debt by reinforcing the limiting law on the amount of coinage per person and conducting several land-based projects to improve the economy. As well as decreasing the unemployment throughout Rome, Caesar provided a new beginning for the poor overseas and the construction of major buildings. During the outbreak of civil war in 49 BC, lenders began to demand payment of loans as the real estate values were at its peak of collapse. People solemnly hoarded whatever they had due to the serious shortage in coin circulation. With much disruption among the Roman community, Caesar formed a creative solution to the recurring problem. He eventually permitted that property must be accepted for repayment at its pre-war value, as he reenacted a former law that forbade a person from holding more than 60,000 sesterces in cash. Even though these measures did not completely eliminate the debt of Rome, it satisfied both lenders and borrowers as it balanced the social life within Rome. …show more content…
For instance, the Corinth canal, also known as (Dhioryga tis Korinthou), was built along the Peloponnese and Greek mainland. The canal had been distinctly recognized for enhancing sea travel and trade. It also signified the fact that Caesar generously restored part of Corinth, since its tragic destruction during the Punic wars. Throughout Caesar's rule, Rome’s agriculture increased as number of arable lands were redistributed among the poor. He also made propositions of land reforms for veterans of the army, while he founded and conquered territories around the