Augustus, born Octavian, transformed Rome from a republic to an empire and ushered in an era of unprecedented peace and prosperity known as the Pax Romana. As the first Roman emperor, he consolidated power through political maneuvering and military victories, expanding Rome's territory to encompass the Mediterranean world. Augustus instituted sweeping reforms that stabilized the empire's governance and economy, leaving an indelible mark on Roman society and culture that would endure for centuries.
Trade and economy in Ancient Rome were foundational to its vast empire, influencing both daily life and long-term stability. Understanding the intricate systems in place reveals the significance of economic practices that shaped one of history's most powerful civilizations.