HISTORY
THE RENAISSANCE AND REFORMATION
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Economic growth & political stability
|
|
|
Politicies of military conquest of surrounding areas
|
|
|
Position as the center of the Catholic Church
|
|
|
Exploration to the New World and establishment of the colonies
|
Detailed explanation-1: -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-2: -Florence Was a Wealthy and Prosperous City Florence was able to found the Renaissance in the 14th century because it was so prosperous. This wealth was mostly brought about by the establishment of successful trade throughout Asia and East Europe.
Detailed explanation-3: -During the 12th and 13th centuries the economic and political power of the city grew steadily. The rise of the Florentine woolen cloth industry and of banking provided a basis of capital.
Detailed explanation-4: -In 1400 Florence was engaged in a struggle with the Duke of Milan.
Detailed explanation-5: -Its transformation from a small town in the 1100s to the commercial and financial centre it had become by the end of the 14th century was based on the profitable wool trade. The wool guild of Florence, the Arte della Lana, imported wool from northern Europe and dyes from the Middle East.