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The Medici family amassed their wealth primarily through successful banking ventures, establishing the Medici Bank in the late 14th century, which became one of the most prosperous and influential banks in Europe. Their financial success allowed them to gain political power in Florence, as they funded art, culture, and public projects, creating a strong support base among the populace. Additionally, strategic marriages and alliances further solidified their influence, enabling them to become de facto rulers of Florence during the Renaissance. Their patronage of artists like Michelangelo and Botticelli also helped elevate their status and legacy in the city.

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What city did the medici family rule?

medici family ruled Florence :D


What role did the medici family play in florence during the renaissance?

The Medici family was the wealthiest family in Florence. They developed their wealth through textile trade then helped to develop the economy by opening the Medici bank. The Medici bank used a credit/debit system that allowed more people to enter the merchant business and allowed for the post-plague economy to rebuild.


What is the significance of the Medici motto in the history of Florence?

The Medici motto, "Festina Lente" (Make Haste Slowly), symbolizes the Medici family's approach to governance in Florence. It reflects their strategy of combining quick decision-making with careful planning, which helped them maintain power and influence in the city for centuries. The motto also represents the balance between ambition and prudence that was key to the Medici's success in shaping the cultural and political landscape of Renaissance Florence.


Why was the Medici family banned from Florence?

In 1914, Girolamo Savonarola had come to the conclusion that the Medici family had to much power in Florence because of their incredible banking and economic systems. Savonarola began to preach to the people of Florence of his ideas and philosophy. He gained many followers and eventually built up enough support to overthrow the Medici Family. He then went on to appoint very famous Machiavelli to be his secretary.


What type of government existed in Florence during the Renaissance?

the Medici took control of the city!

Related Questions

What city did the medici family rule?

medici family ruled Florence :D


What type of government does Florence have?

The government was a city-state ruled by the wealthy Medici family.


What Italian city is the home of Medici family?

it was definitely Florence 8]


What made Lorenzo de Medici so famous?

He was born into a wealthy banking family, and successfully led the Republic of Florence against attack, and helped the city prosper.


Who did the medici family support?

The Medici were a banking family from Florence, Italy. They gave loans in turn for more money (interest). And they were very smart with their monmey....paying for artist such as Michaelangelo and Leonardo Da Vinci. A very helpful link on the Medici: go to google and look up The Medici Family on PBS and is shpuld come up.=Hope this helps!=


What city did Lorenzo de' Medici?

Florence


Why was the medici family interested in commissioning artwork?

For reasons such as: it glorified the city of Florence, it beautified the city in many ways, and it gave great prestige to the family's name.


What type of governments did the Renaissance make?

The government was a city-state ruled by the wealthy Medici family.


What city did Cosimo de' Medici rule?

Florence


How did the Medici Family convert Florence from a wool indusry to a banking city?

The Medici Family transformed Florence from a wool industry hub to a banking city by leveraging their wealth and influence to establish a robust banking system in the 15th century. They introduced innovative financial practices, such as double-entry bookkeeping, which enhanced the efficiency and reliability of banking operations. Additionally, they expanded their banking network across Europe, facilitating trade and commerce, and attracting wealthy clients. Their patronage of the arts and support for cultural development further solidified Florence's status as a center of finance and culture.


What role did the medici family play in florence during the renaissance?

The Medici family was the wealthiest family in Florence. They developed their wealth through textile trade then helped to develop the economy by opening the Medici bank. The Medici bank used a credit/debit system that allowed more people to enter the merchant business and allowed for the post-plague economy to rebuild.


Cosimo de Medici?

He was Florence's signore, the person who runs the city.