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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.

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Why did merchants believe they deserved power during Renaissance?

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.


Why is the competition between wealthy patrons the most important cause of the renaissance?

The economy boomed because they were competing to get the most money, they were not the main reason though, the main reason is the science that people started to believe, instead of just religion


How are the opinions of the New York city merchant consistent with the concept of laissez - faire?

The opinions of New York City merchants often align with the concept of laissez-faire by advocating for minimal government intervention in the economy. They typically support free competition and the idea that market forces should dictate prices and business practices without regulatory constraints. This perspective promotes entrepreneurship and innovation, as merchants believe that a self-regulating market leads to greater efficiency and prosperity. Overall, their views reflect a belief in individual economic freedom, which is central to laissez-faire philosophy.


How is the Consumer Price Index calculated?

The Bureau of Labor and Statistics researches or "calls around" if you will to find out the price of one same item at different merchants. They take all the prices they got, average them, and then compare them to last year's results. I believe the CPI is calculated by the Department of Labor using price surveys taken in 87U.S. cities. For all questions concerning the CPI refer to the Related Link below.


Do Pentecostals believe in the Economic Trinity?

Pentecostals do not believe in the Economic Trinity.

Related Questions

Why did merchants believe they deserved power during Renaissance?

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.


Why did the people of the renaissance feel there era was so famous?

Merchants and traders had fewer people to sell their goods to, so they lost a lot of. Humanists, however, did not believe that much in religion.


What do the people believe before the renaissance?

They believe your mom


Who was in the upper class of mesopotamia?

Priests and Merchants i believe


Did most progressives believe democracy would never provide the social justice people deserved?

false


What two groups did Douglass believe deserved more freedom?

council for women rights black rights


What did st Francis believe in?

St. Francis believed in all God's creatures deserved to be understood and have compassion


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.


Before the renaissance what did people believe about anatomy?

nbn


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.


Women like Abigail Adams who helped the colonial cause believe that women deserved?

A voice in decisions (apex)


Did Leonardo da Vinci build or create the Renaissance?

The renaissance was a time period in music so I believe that Leonado Da Vinci did not create the renaissance period