What helped trade flourish in Italy?

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!

How did geography help Italian trade flourish?

Two reasons why geography helped Italians trade:

Italy was in such an area that it could trade with Africa, Eastern Europe, the Ottoman Empire, and the countries above it. … Italians got items from only limited to certain countries when they traded, so they re-sold those items and got money.

Why was the Renaissance able to flourish in Italy?

From Italy, Renaissance spread across Europe creating smaller geographic groups such as English Renaissance and Northern Renaissance. The main factors contributing to this expansion were the growth of cities, expanded trade, and a growing wealthy merchant class eager to support artists.

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Why did trade flourish during 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.

What made Italy a center for trade?

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. … Florence became the center of this financial industry, and the gold florin became the main currency of international trade.

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.

Who did Italian merchants trade with?

Answer: Being on the Mediterranean region, Italian merchants traded with Western Europe, the Levant region as well as North African states. Explanation: Italian traders had developed extensive links with different parts of the world and not only exported goods but also imported from different region.

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 are the 3 most important characteristics of the Italian Renaissance?

It was believed to be the rebirth of ancient Greek and Roman worlds. What are the three most important characteristics of the Italian Renaissance? Urban society, recover from 14th century disasters, and emphasized individual ability.

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Who were three main characters of the Italian Renaissance?

10 of the Most Important Renaissance Figures

  • Lorenzo de’ Medici. Lorenzo de’ Medici (1449-1492) was a member of the Medici family, one of the wealthiest European families in history and the de facto rulers of Florence. …
  • Leonardo da Vinci. …
  • Michelangelo. …
  • Nicolaus Copernicus. …
  • Petrarch. …
  • Raphael. …
  • Galileo Galilei. …
  • Michel de Montaigne.

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Why did craftspeople become more important during the Renaissance?

Why did craftspeople become more important during the Renaissance? Merchants traded their goods all over Europe. … People began to buy goods with money instead of bartering.

How did trade start 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.

What three things seem to be contributing to the growth of the Renaissance?

Historians have identified several causes for the emergence of the Renaissance following the Middle Ages, such as: increased interaction between different cultures, the rediscovery of ancient Greek and Roman texts, the emergence of humanism, different artistic and technological innovations, and the impacts of conflict …

What does Italy trade the most?

List of exports of Italy

# Product Value
1 Refined Petroleum 25,040
2 Pharmaceuticals 20,159
3 Vehicle parts 12,839
4 Cars 9,587

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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Who wanted Florence to be the most beautiful city in the world?

Florence, Italy, helped begin the Renaissance because Cosimo de’ Medici wanted it to be the most beautiful city in the world.

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