How Were These Cities Important Economically


How Were These Cities Important Economically?

How were these cities important economically? Genoa and Venice became rich with sea trade. Milan showed its wealth and power. Florence was a banking and trading center.

What were the four major trade cities of Italy and how were these cities important economically?

Why were the four major trade cities of Italy important? The four major trade cities of Italy were important. Florence Genoa Milan and Venice bustled with activity where shoppers bought beautiful stuff from Asia. Residents could meet people from faraway places and hear many languages.

What was one reason why education was important to Cosimo de Medici?

What is one reason why education was important to Cosimo de’ Medici? His businesses needed educated workers. How did Florence rise to fame? Describe the results of increased trade with Asia.

How did changing interest lead to the rise of the Medici family and the city state of Florence?

What were the four major trade cities of Italy? … How did charging interest lead to the rise of the Medici family and the city-state of Florence? They charged interest for people borrowing money. What is one reason why education was important to Cosimo de’ Medici?

What were the four major trade cities of Italy?

In the early 1300s four cities had been acknowledged as trade centers in Italy. These were Florence Venice Milan and Genoa.

Why was trade important to the economies of the Italian city states?

The extensive trade that stretched from Egypt to the Baltic generated substantial surpluses that allowed significant investment in mining and agriculture. Thus while Northern Italy was not richer in resources than many other parts of Europe the level of development stimulated by trade allowed it to prosper.

How did Italian city states become wealthy?

Their wealth came from international trade routes we call the silk roads connecting European and Asian markets thanks to the massive Mongol Empire that opened up Eurasian trade.

What economic change during the Renaissance made bankers more important?

What economic change during the Renaissance made bankers more important? People began to buy goods with money instead of bartering.

What are some basic ideas of humanism?

Humanism emphasizes human dignity and the love of nature. This philosophy sees humans solving problems with rational thought and without the influence of secular or religious institutions. Humanism supports individual liberty as well as human rights and responsibility for humankind and the planet.

How did the Medici family make their money?

The Medici family were wool merchants and bankers. Both businesses were very profitable and the family became extremely wealthy. Giovanni de Medici first brought the family to prominence in Florence by starting the Medici bank. He also was the leader of the Florence merchants.

How can trade lead to economic prosperity and political power?

How can trade lead to economic prosperity and political power? Trading helped you get money and money meant power. And if you have money and power then you could buy your political position. … They lost power due to corruption but went back to power quickly.

How did the Medici family get so rich powerful and famous?

How did the Medici family get so powerful? They made a fortune as wool and silk merchants and as bankers. They built alliances with other wealthy families acquired important positions in the church and married into royalty. … Florence became rich and powerful through banking and wool trade.

Why was the Medici family important?

The Medici family is one of the most powerful and influential groups in European history. They innovated new banking systems and laid the groundwork to make Florence a cultural hotspot. Through their political strategy and patronage of major artists like Michelangelo they created the High Renaissance.

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What helped Genoa become wealthy?

Due to its geographic location and excellent harbor Genoa was an important center for European crusaders. … For example he travelling crusaders spent money in Genoa which helped improve the local economy but Genoa as a city-state also prospered because it gained access to other trading ports throughout the region.

Why was the city of Florence so wealthy?

Florence became a very wealthy city because of the trade of textiles especially the trade of wool. The workers took untreated and unfinished wool from other places and worked it into high quality wool that was sold in many places. … Florence wasn’t a port city so banking became an important industry.

What city was an important coastal trade center in Italy?

Situated in the heart of a lagoon on the coast of northeast Italy Venice was a major power in the medieval and early modern world and a key city in the development of trade routes from the east to Europe.

What is the economic impact of Italy’s location and trade on Renaissance art and culture?

Explain the economic impact of Italy’s location and trade on Renaissance art and culture. Italy was located in a prime area for sea trade which made Italian city-states wealthy. This wealth allowed politicians bankers and merchants to sponsor artists which fueled the Renaissance cultural rebirth.

How did economics change in the Renaissance?

During the Renaissance the European economy grew dramatically particularly in the area of trade. Developments such as population growth improvements in banking expanding trade routes and new manufacturing systems led to an overall increase in commercial activity.

Why was trade important during the Renaissance?

Trade brought many new ideas and goods to Europe. … During the Renaissance people began using coins to buy goods which created a money economy. Moneychangers were needed to covert one type of currency into another. Therefore many craftspeople merchants and bankers became more important i society.

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How did city life help the development of the Renaissance?

City population was getting larger and Italy began to develop stronger economies. It also meant more customers for artists and more money for a new kind of art. … Renaissance Italy’s urban society and scholars produced many great works of art and literature.

Why is a city-state important?

A city-state is an independent sovereign city which serves as the center of political economic and cultural life over its contiguous territory.

What are the two reasons why the Italian Renaissance city-states were so wealthy?

Italy grew wealthy because of trade at the Italian peninsula. Italians traded with China and India to get silk and spices and they used the items to sell to the western Europe and they used the items for other reasons such as making things that was useful.

How did wealthy city states contribute to the Renaissance?

The wealth of the Italian city-state played an important role in the Renaissance. This wealth allowed prominent families to support artists scientists and philosophers spurring on new ideas and artistic movements. Florence is where the Renaissance first began.

Which geographic factor contributed most to Italy’s economic success?

Here are all the answers:
Description Match:
Which geographic factor contributed most to Italy’s economic success? its location
Why did artists from other countries travel to Italy? They wanted to learn new techniques.

What important change made literature more popular during the Renaissance?

What important change made literature more popular during the Renaissance than it had been before? Writers wrote in their own language. How was Dante’s work The Divine Comedy different from most medieval literature. In addition to his painting Leoardo da Vinci made advances in science mathematics and engineering.

Why is humanism so important?

During the Renaissance Humanism played a major role in education. … Humanists sought to create a citizenry able to speak and write with eloquence and clarity thus capable of engaging in the civic life of their communities and persuading others to virtuous and prudent actions.

What are the main beliefs of humanists?

What does a humanist believe?
  • Humanists reject the idea or belief in a supernatural being such as God. …
  • Humanists have no belief in an afterlife and so they focus on seeking happiness in this life. …
  • As a result they believe that people should make the most of their lives while on Earth.

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What are some examples of humanism?

The definition of humanism is a belief that human needs and values are more important than religious beliefs or the needs and desires of humans. An example of humanism is the belief that the person creates their own set of ethics. An example of humanism is planting vegetables in garden beds.

Are any Medicis still alive?

In 1569 the duchy was elevated to the Grand Duchy of Tuscany after territorial expansion. The Medici ruled the Grand Duchy from its inception until 1737 with the death of Gian Gastone de’ Medici.

House of Medici.
Cadet branches 14 cadet branches still alive only 2: show List

Were Medicis good or bad?

The Medici family were one of the most powerful and influential families in 15th century Europe. They were wealthy bankers savvy businessmen and brilliant political strategists. They rose to the highest ranks of Florentine society. Their influence and power spread far beyond the city.

How did the Pazzi family died?

On 26 April 1478 there was an attempt to assassinate Lorenzo de’ Medici and his brother Giuliano. Lorenzo was wounded but survived Giuliano was killed. The failure of the plot served to strengthen the position of the Medici. The Pazzi were banished from Florence.

Pazzi conspiracy.
Sentence execution

How do developing countries promote economic growth?

Infrastructure spending is designed to create construction jobs and increase productivity by enabling businesses to operate more efficiently.
  1. Tax Cuts and Tax Rebates.
  2. Stimulating the Economy With Deregulation.
  3. Using Infrastructure to Spur Economic Growth.

How does trade affect the economy?

Trade is critical to America’s prosperity – fueling economic growth supporting good jobs at home raising living standards and helping Americans provide for their families with affordable goods and services. … U.S. goods trade totaled $3.9 trillion and U.S. services trade totaled $1.3 trillion.

How does trade affect economic development?

Countries that are open to international trade tend to grow faster innovate improve productivity and provide higher income and more opportunities to their people. … Integrating with the world economy through trade and global value chains helps drive economic growth and reduce poverty—locally and globally.

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