History of Economic Ideas
Latifundia refers to large agricultural estates that were prevalent in ancient Rome, characterized by their extensive landholdings and reliance on slave labor for cultivation. These estates played a significant role in Roman economic practices, influencing land ownership patterns, agricultural production, and the overall economy of the Roman Empire. Latifundia contributed to the wealth disparity between the elite landowners and the lower classes, affecting social dynamics and economic stability within Roman society.
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