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Q: By the end of the fourteenth century why had Florence become an important banking city?
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Why by the end of the fourteenth century did Florence become an important banking city?

Florence became an important banking city at this time in a large part due to the strength of its gold currency. It was called a florin and was the first European gold coin that was created in large quantities.


Important business and banking leader at the turn of the century?

Well, the 2nd letter start with a p


What is the role of technology upgradation in banks?

Technology plays an unavoidable part in modern banking. Online baking, ATM and wire transfer are excellent examples of banking of 21st century and technology is the soul of all these phenomenons.


Who opposed the loaning of money at interest?

the Catholic ChurchActually the Catholic church has no problem with it, and even has banks and financial operations with which it makes income happily with doing it.The charging of interest is absolutely not allowed under Muslim law.Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the payment or acceptance of interest fees for loans of money (Riba, usury), for specific terms, as well as investing in businesses that provide goods or services considered contrary to its principles (Haraam, forbidden). While these principles were used as the basis for a flourishing economy in earlier times, it is only in the late 20th century that a number of Islamic banks were formed to apply these principles to private or semi-private commercial institutions within the Muslim community.If you're googling answers for your homework and we're talking about the middle ages then the answer probably is the Catholic church.


What is the 21st Century Insurance Company 3 digit id number?

21st century's 3 digit code

Related questions

Why by the end of the fourteenth century did Florence become an important banking city?

Florence became an important banking city at this time in a large part due to the strength of its gold currency. It was called a florin and was the first European gold coin that was created in large quantities.


what were some important inventions in the fourteenth century?

Important inventions of the fourteenth century included the floating crane of the Holy Roman Empire and the Naval Mine of China during the Ming Dynasty.


What has the author Daniel Richard Lesnick written?

Daniel Richard Lesnick has written: 'Popular Dominican preaching in early fourteenth century Florence'


Who was the House of Medici started by?

The House of Medici was started by Cosimo de' Medici during the late fourteenth century. He helped begin this house in the Republic of Florence, which is located in Italy.


Is 1453 in fourteenth century or fifteenth century?

15th


How did the adversities of the fourteenth century affect urban life?

The monopoly on cities trading of the fourteenth century did affect the urban life.


Who was not a fourteenth century author?

Shakespeare was not a fourteenth century author. He was born in the late sixteenth century and became one of the most famous playwrights in history.


Who was not a fourteenth-century author?

Dante


Important business and banking leader at the turn of the century?

Well, the 2nd letter start with a p


What century is The European scramble for Africa?

14/fourteenth century 1390


Was Chaucer a fourteenth century author?

yes.


Was Dante a fourteenth century author?

Yes