How Did The Existence Of Slaves Affect The Economy

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After so many conquests from the Romans, there was a vast influx of slaves, this was view as a sign of wealth and power. They were predominantly living in households in the cities, however, it was in the farming industry where slaves had the greatest impact in the economy.

At first slaves represented cheap labor, and so the small business families running different plantations were displaced and replaced by the slaves owned by an elite class. As the amount of slaves was increasing, the Republic saw this as an opportunity to increase profit, however, what they did not consider the impact on the average citizens, and as such the rate of unemployment for this class started to grow exponentially. This destabilized the economic environment of the

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