HISTORY
THE RENAISSANCE AND REFORMATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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economic growth and stability
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lack of trading partners
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inability to produce anything valuable
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position at the center of the Catholic Church
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Detailed explanation-1: -Florence was one of the most industrialized cities in medieval Europe, thanks to its thriving textile industries. The importation of raw materials and the exportation of finished cloth necessitated the creation of commercial and banking practices that extended far beyond Florence’s boundaries.
Detailed explanation-2: -Venice became wealthy and mighty through naval trade, as their geographical position allowed the merchants of Venice to be the key middleman between the Middle East and destinations throughout Europe.
Detailed explanation-3: -RISE OF FLORENCE’S ECONOMICS The Medici bank made major advances in financial services including checking accounts and lending. Florence also saw the development of shareholding companies in this period. All of these factors contributed to the accumulation of vast wealth by many of the citizens of Florence.
Detailed explanation-4: -Florence is considered the birthplace of the Renaissance. A turbulent political history included periods of rule by the powerful Medici family, religious and republican revolution. From 1865 to 1870 the city was also the capital of the Kingdom of Italy. Florence is often known as the “Jewel of the Renaissance".