https://padlet.com/3749881/ml5csj30354padt5 en-us 2022-08-29 16:26:30 UTC 2022-09-02 16:09:51 UTC hello@padlet.com 3749881 https://padlet.com/3749881/ml5csj30354padt5/wish/2276542692 Rome's downfall started when inflation rose higher because after the Romans stopped conquering land, the gold was being spent so many times just to buy luxurious items. Since there was barely any gold to buy coins, the value of coins lessened. Due to this problem, Romans began to pay their taxes with food and clothing. When taxpayers were still paying with gold coins, they had to buy coins which were extremely expensive, and for those who couldn't afford any coins were unable to pay for their taxes. During the year of 268 there was 0.5% of silver in the denarius and prices rose for nearly 1,000%. These are the reasons that led to Romans downfall.

Resources:
https://docs.google.com/document/d/1udJaHcmtyU8a7Rqyz
D8h5hZ2RQs-vuQlWvB_rLX-Un8/edit?usp=sharing

https://mises.org/library/inflation-and-fall-roman-empire#:~:text=One%20of%20the%20odd%20things,victim%20was%20their%20economic%20freedom]]> 2022-08-30 16:52:56 UTC https://padlet.com/3749881/ml5csj30354padt5/wish/2276542692 3749881 https://padlet.com/3749881/ml5csj30354padt5/wish/2277007425 The Sustainable Development Goal that relates to Rome is inequality; for example, gladiators had to fight for theirs lives, were used as entertainment, were forced to sign a contract, etc all of these reasons relate to inequality. The SDG can help Romans realize that everybody should be treated equally.

Resources: Gladiators DBQ worksheet]]> 2022-08-31 01:03:16 UTC https://padlet.com/3749881/ml5csj30354padt5/wish/2277007425 3977782 https://padlet.com/3749881/ml5csj30354padt5/wish/2277103785 The US is facing a problem known as inflation currently today. Inflation has caused groceries and gas prices to go up, making it intensely harder for others to get the items they need and to pay their bills. There are three main causes of inflation. Demand pull inflation, cost push inflation, and built in inflation. Demand pull inflation is when the demand of supplies gets too high and there is a shortage in supply, which leads to inflation. The higher the demand is, the more expensive it becomes. The second cause of inflation is cost-push inflation. Cost-push inflation is when something happens in goods and services supplies. When this happens, it means that the price will go higher which leads to inflation. The last cause of inflation is built in inflation. Built in inflation is when workers want a raise in their payment because of the higher living costs. This causes businesses to raise the prices in order to offset the wage costs. This leads to a loop of price raising and wage rising. This also leads to inflation.

https://www.investopedia.com/terms/i/inflation.asp
https://www.imf.org/external/pubs/ft/fandd/basics/30-inflation.htm#:~:text=Inflation%20is%20the%20rate%20of,of%20living%20in%20a%20country.]]> 2022-08-31 02:24:27 UTC https://padlet.com/3749881/ml5csj30354padt5/wish/2277103785 3977782 https://padlet.com/3749881/ml5csj30354padt5/wish/2278369848 Inflation is the rate of increase in prices. It also means that supply in goods and services have risen in price. Inflation also means the overall increase of prices. It increases the price of items like grocery and gas prices for example. It also causes tax prices to rise, which some people can't afford. Sometimes, the gas prices can even cost people their jobs. Inflation is also both seen negatively and positively.]]> 2022-08-31 22:25:33 UTC https://padlet.com/3749881/ml5csj30354padt5/wish/2278369848