How did the location of the Italian city states help them become successful in trade?

The city-states were independent of each other and no city-states was strong enough to conquer the others. How did the location of the Italian city-states help them become successful in trade? The location was on the Mediterranean Sea.

What helped the Italian city-states succeed in trade?

Three events that helped Italian city-states succeed in trade are being near the water, the crusades, and the Mongol conquests. What family controlled Florence, and how did it become wealthy and powerful? The Medici family ruled and became wealthy because they owned a bank, and were the richest family in florence.

How did the location of Italy give it an advantage in becoming the leading trading power in Europe?

Italy is situated in the middle of the mediterranean sea so it got a lot of trade from the seas, and there was also the old roman roads the people could use as reliable trade routes. You just studied 27 terms!

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How did Italian city-states use their location to gain wealth?

How did Italian city-states use their location to gain wealth? They were situated in busy trade areas and took advantage of it by taking part in mercantilism and banking.

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

Trade brought many new ideas and goods to Europe. A bustling economy created prosperous cities and new classes of people who had enough money to support art and learning. Italian city-states like Venice and Genoa were located on the trade routes that linked the rest of western Europe with the East.

Why is Italy so rich?

Furthermore, the advanced country private wealth is one of the largest in the world. Italy is a large manufacturer (overall the second in EU behind Germany) and exporter of a significant variety of products including machinery, vehicles, pharmaceuticals, furniture, food, clothing, and robots.

What were the 5 Italian city states?

The five major city-states: Milan, Florence, Venice, Naples, and the Papal States will be explained in detail.

Who was the richest banker in Italy?

It was the largest and most respected bank in Europe during its prime. There are some estimates that the Medici family was, for a period of time, the wealthiest family in Europe.

Medici Bank.

Industry Financial services; Banking
Fate Liquidated
Headquarters Florence, Republic of Florence (present day Italy)

What is the main export of Italy?

Italy exported mostly: machinery and equipment (18 percent of total exports); transport (11 percent); base metals and metal products (11 percent); textiles, clothing, leather and accessories (11 percent); food, beverages and tobacco (8 percent); chemicals (7 percent); rubber and plastic products, other non-metallic …

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What was Italy called before Italy?

The Greeks gradually came to apply the name Italia to a larger region, but it was during the reign of Augustus, at the end of the 1st century BC, that the term was expanded to cover the entire peninsula until the Alps, now entirely under Roman rule.

What are three causes of the rise of Italian city states?

Terms in this set (29)

  • Economic Revival- trade and a rising merchant class (crusades) – expansion of commerce in city states in the 11th and 12th centuries. …
  • Geography – The italian peninsula formed a natural point of exchange between east and west.

What was the name of Florence’s richest family?

The Medici Bank, from when it was created in 1397 to its fall in 1494, was one of the most prosperous and respected institutions in Europe, and the Medici family was considered the wealthiest in Europe for a time. From this base, they acquired political power initially in Florence and later in wider Italy and Europe.

Which cities became the wealthiest in Italy heading into the Renaissance?

During the late Middle Ages, Northern and Central Italy became far more prosperous than the south of Italy, with the city-states, such as Venice and Genoa, among the wealthiest in Europe.

What was significant about the Italian city-states?

Some Italian city-states became great military powers very early on. Venice and Genoa acquired vast naval empires in the Mediterranean and Black Seas, some of which threatened those of the growing Ottoman Empire. During the Fourth Crusade (1204), Venice conquered three-eights of the Byzantine Empire.

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How did Italian city-states become so powerful?

How did Italian city-states become so powerful? Trade made the city-states wealthy. Many were successful and powerful because they specialized and were located in the middle of trade routes. … The city-states wealth encouraged a boom in art and learning.

How did the Italian port cities benefit from the Crusades?

How did Italy benefit from the Crusades? It benefited port cities like Genoa, Pisa, and Venice. Italian merchant increased trade with the Eastern World. … Nobles also became merchants, and never went back home and became very wealthy off of trade.

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