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Why did banking become so important in Florence during the renaissance?
Wiki User
∙ 11y ago
it was important because they needed money it was all about that so they could bank some money and not put too much in their job so if they loose they'll still have some money left.
Wiki User
∙ 11y ago
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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.
What Swiss country has become a major banking center?
Zurich
Why did Bruges become the financial capital of the North?
It was home to the Medici banking interests in the region
How do you become a member of the American Banker's Association?
In order to become a member of the American Banker's Association, you first need to have a career in banking. Once you've obtained that then you need to be invited into the association.
When did Lloyds and TSB merge into one bank?
Lloyds and TSB merged to form Lloyds TSB bank in 1995. Several years later, Lloyds TSB acquired the banking firm HBOS to become one of the leaders of banking in the UK.
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.
How did florence become wealthy?
Florence became wealthy from trading cloth, mostly wool.
Who was the ruling family during the renaissance?
in florence, one of the more famous families was the Medici family; they sponsored a pirate to become the catholic pope back when they were still banking, and when he did, they became a really powerful family. =D i hope that was what u were looking for!
Which Italian city is known as the city of the renaissance?
Ferrera came to be known as the City of the Renaissance because of its intellectual and artistic dominance during the period. Great minds congregated there, and it came to achieve the Humanist definition of an ideal city by constructing what would become a model of the modern metropolis.
Why did Florence become an important city state?
men
What country has become an important international banking center?
Bahrain
Why did Florence become a cultural center of the Renaissance?
Florence became a major city during the renaissance because the Medici family, who was very rich and powerful at the time, sponsored many artists and without them they wouldn't have been able to create and sell so much work.
Did the De medici Family help during the renaissance?
Yes, they helped Florence become one of the richest and highly successful city states in Italy.
How did the medici family become wealthy?
the medici family became so powerful because of there banking
Did the Medici family become the most important ruling family in Venice?
I got the medici family for florence
By 1860 which California city had become an important banking center port and site of federal mint?
San Diego
How did the Medici's become powerful?
Banking
