WORLD HISTORY

Detailed explanation-1: -It was an incredible time of beauty, blossoming with creativity and curiosity. The Renaissance era also witnessed the discovery and exploration of new continents, the growth of commerce, and the inventions of innovations such as paper, printing, the mariner’s compass and gunpowder.

Detailed explanation-2: -The Renaissance is credited with bridging the gap between the Middle Ages and modern-day civilization. During the 14th century, a cultural movement called humanism began to gain momentum in Italy.

Detailed explanation-3: -During the Renaissance, changes also occurred in the political and economic structure of Italy that foreshadowed larger transformations for all of Europe. The Renaissance saw the rise of strong central governments and an increasingly urban economy, based on commerce rather than agriculture.

Detailed explanation-4: -Many scholars trace the historical roots of the modern banking system to medieval and Renaissance Italy, particularly the affluent cities of Florence, Venice and Genoa.