How was the Colosseum financed?

The Colosseum was built in the center of Rome above an artificial lake, once part of Nero's Golden House gardens. The pit was filled in, and the construction initiated by Emperor Vespasian in A.D. 72. It was completed by his son, Emperor Titus, in A.D. 80. The Collosseum is also known as the Favian Amphitheatre.

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