answersLogoWhite

0


Best Answer

It became a new opportunity to show other cities and nations what they were good at so trade became very important.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Renaissance florence banking and trade
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are four factors that moved Florence into the Renaissance?

Travel, Banking


What city dominated banking operations in the early Renaissance?

Florence.


What Renaissance place was a pioneer in banking?

Florence -the Medici family.


What was the importance of Florence?

Florence, Italy was an important commercial, banking and artistic center during the Renaissance.


How did the development of a money-based economy affect Florence?

It led to Florence becoming a banking center during the Renaissance


What did Florence trade in the Renaissane?

Florence in the Renaissance was a major trading center for goods such as textiles, wool, silk, and metalwork. The city's merchant guilds facilitated trade across Europe and the Mediterranean, making Florence a hub for banking and commerce. Additionally, Florence was known for its production of luxury goods like fine art, jewelry, and cosmetics.


What industries are there in Florence?

Banking, Merchants and Trading with other city states back in the renaissance. I hope this helps


What trade did the Medici family deal in before they became masters of florence?

banking


Which country was the leader in trade during the Renaissance?

Italy was the leader country for it's thieving cities, increased trade and wealthy merchant class. the three most well know were Milan, Venice and Florence. Venice built it economy on trade and shipbuilding, Milan built it economy on agriculture, silk and weapons, while Florence was known for banking and making cloth.


Why did the renaissance start in florence?

Yes, Florence was the epicenter of the Renaissance.


What year did the first bank open?

Modern banking traces its origins back to Renaissance-era Florence, Italy during the 1500s.


How were medieval and renaissance noble different?

The Renaissance nobles lived in cities and were active in trade, banking, and public life. This shows that the Renaissance nobles were smarter than the medieval nobles