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Trade became a huge industry in Florence due to its strategic location along major trade routes, such as the Silk Road, which allowed the city to become a hub for commerce between Europe and the Mediterranean. The Medici family's banking and merchant activities also played a significant role in stimulating Florence's economic growth and expansion of trade networks. Additionally, the city's production of high-quality goods like textiles and luxury items further fueled its success as a trading center.
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What did the city of Florence make?
Florence is a city of fashion. Tourism is a huge industry.
What was China's most valuable trade good?
China's plastic processing industry is huge, and their exports from this industry make them the most money each year.
When did the oil industry become a huge business?
Even before, the oil industry have been a huge aspect in the international market as it contributes to a lot of market needs and what makes the market around the globe flowing.
Why is it important to trade with china?
China makes many goods and items not available in the USA. It has a huge industry and economy which makes it necessary to trade in order to keep our economy at balance.
How did Delaware colony make their money?
Delaware was a colony that had small cash crop farming, shipping, trade, and Natural Resources. Shipping was a huge industry in Delaware.
Which has done the most damage to the fish population technical advances or the huge scale of the fishing industry?
the huge scale of the fishing industry
How did the new Amsterdam become the biggest and most important dutch settlement in the north American?
Because of trade new Amsterdam became a huge for economy
What is Canada's role?
they have a huge role in trade .
How were plantations and cash-crops connected to the slave trade?
plantation farming of tropical cash crops such as sugar and pineapple required huge numbers of workers who labored long hours in hot climates. the need for labor in the western hemisphere turned slave trade into an industry.
How has the petroleum industry contributed to South Africa's development and prosperity?
I would say negatively, because we have a huge trade deficit that our stock market has to fund due to the gap left by high oil imports.
What type of resource is not an economic factor of production?
Money, political resources, and infrastructure are not considered economic factors of production. Money is considered to be a factor used in trade, mostly. Money is used to trade or sell or buy something and for production to move as well. It can be a huge factor that contribute to production but it mostly envelopes the trade industry.
What is large scale industry and what are the problems of large scale industry?
huge profit then large competitions ect.....
