Question

What was a major economic issue faced by the Byzantine Empire as it declined?


What was a major economic issue faced by the Byzantine Empire as it declined?


A. Inflation


B. Surplus of resources


C.Shrinking tax base


D. Decrease in trade

Answer 1

A major economic issue faced by the Byzantine Empire as it declined was **C. Shrinking tax base**. As the empire contracted in size and lost territories, there was a decline in the population and economic activity, which in turn led to a reduced ability to collect taxes and sustain the empire's financial needs. While inflation and decreased trade also posed challenges, the shrinking tax base was a particularly critical issue contributing to the empire's overall decline.