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Unlike nobles, merchants did not inherit social rank. To succeed in business, they used their wits. As a reult, many successful merchants believed they deserved power and weath because of their individual merit.

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Why did merchants believe they deserved powerduring the renaissance?

During the Renaissance, merchants believed they deserved power due to their significant role in the economy and the rise of trade. As they accumulated wealth through commerce, they gained influence and social status, which challenged the traditional dominance of the nobility. Additionally, the growth of city-states and the flourishing of arts and culture in urban centers further empowered merchants, as they became patrons of artists and intellectuals, reinforcing their position in society. This shift contributed to a broader recognition of their contributions to society, justifying their claims for greater power and influence.


What was the best way for merchant to handle trade in the renaissance?

During the Renaissance, the best way for merchants to handle trade was by establishing strong networks and partnerships across Europe and beyond. This included forming alliances with other merchants, utilizing trade guilds, and exploring new markets through maritime routes. Additionally, adopting innovative financial practices, such as bills of exchange and letters of credit, facilitated safer and more efficient transactions. Ultimately, adaptability and a keen understanding of demand helped merchants thrive in this dynamic economic landscape.


Why did the merchant class begin to grow during the Renaissance?

During the Renaissance, the merchant class grew due to a revival of trade and commerce, spurred by increased exploration and the emergence of new trade routes. The demand for luxury goods, such as spices, textiles, and art, fueled economic growth and the rise of wealthy merchants who capitalized on these opportunities. Additionally, the shift away from feudalism towards more urban and market-oriented societies allowed merchants to gain influence and wealth, leading to a more prominent social and economic role within communities.


How did merchants make money during the industrialization period?

Merchants made money by selling goods or trading goods.


What were the class of merchants and businessmen that developed during the crusades called?

herd

Related Questions

Why did merchants believe they deserved powerduring the renaissance?

During the Renaissance, merchants believed they deserved power due to their significant role in the economy and the rise of trade. As they accumulated wealth through commerce, they gained influence and social status, which challenged the traditional dominance of the nobility. Additionally, the growth of city-states and the flourishing of arts and culture in urban centers further empowered merchants, as they became patrons of artists and intellectuals, reinforcing their position in society. This shift contributed to a broader recognition of their contributions to society, justifying their claims for greater power and influence.


What new social class emerged during the Renaissance?

Merchants is a new social class that emerged during the Renaissance.


How was town life during the Renaissance?

In the renaissance there were lots of little shops and people running around. People had jobs like merchants, bankers, or tradespeople.


What was education like during the English Renaissance?

During the Renaissance, girls received less education than boys. Tudor merchants were highly educated but generally, school was for only those who could afford it.


What allowed Venice to become a major city during the renaissance?

It was a powerful city state of merchants and bankers with sea access.


What During the Renaissance wealthy merchants paid artists to work for them becoming their what?

During the Renaissance, wealthy merchants paid artists to work for them, becoming their patrons. This patronage allowed artists to focus on their craft and produce significant works of art, often reflecting the values and interests of their benefactors. As a result, many masterpieces from this period were created under the support of these influential individuals, contributing to the flourishing of art and culture during the Renaissance.


Why did crafts people become more important during the renaissance?

Because Merchants traded their goods all over Europe.


How did the role of the nobility change during the renaissance?

The nobles married merchants. Nobles in the middle ages got their money through land.


What was becoming more irrelevant during the Renaissance?

Renaissance brought in more philosophy and science. This brought people together and to stand up for what they believe in.


Did people in Shakespeare's time believe in women working?

Shakespeare lived in the time of the Renaissance. During the Renaissance, women could be glovers, butchers, leather-workers, goldsmiths, iron-mongers, cutlers, and wool merchants. Sometimes, if a craftsman died, his wife could either take his place in business or help to watch over it. So, yes, women did work.


What did the colonel say about henry and wilsons effort during battle?

They deserved to be major generals


How did architecture change during the Renaissance?

I believe that the architecture was different because humanists in the renaissance period started experimenting with mathematics and science, therefore they came up with new ways of building.