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Italian merchants became successful traders due to their strategic location along key trade routes in the Mediterranean, which facilitated access to diverse markets. Their development of advanced banking systems and financial instruments, such as letters of credit, enabled more efficient trade transactions. Additionally, the rise of city-states like Venice and Genoa, which fostered a culture of commerce and innovation, further propelled their trading success. Collaboration with other cultures and the establishment of trade networks also played a crucial role in their prosperity.
What else can I help you with?
Why did some towns become free?
The merchants bought the land.
What become important to the merchants in the middle ages as trade increased?
The most important thing that become more important to merchants were food, clothes, land, and money (coins).Most merchants and craftsman, became more talented in inventing new tools and technology, and they would trade them for higher quality things.
Were Exploration and voyages financed by kings merchants and bankers who hoped to become wealthy?
Yes. That is true.
Was the silk road prosperous?
The silk road was a route for the merchants to use to get to Asia, but it was a route that was very dangerous and long to do. The merchants who did brave the route did become prosperous if they got home with their goods and life.
Why did the Phoenicians become sailors and traders instead of farmers?
They were close to the seas, and farming was not an easy occupation at the time.
What was helped Italian merchants become successful traders?
Italian merchants became successful traders due to their geographical location in the Mediterranean, access to trade routes connecting Europe and Asia, and their early development of banking and credit systems through institutions like the Medici family. They also benefitted from strong city-states like Venice and Genoa that offered political stability and support for trade.
What has helped merchants become successful traders?
I don't know do u know cuz I'm clueless!
What skills did the Greeks need to master to become successful traders?
language and travel
People in ancient countries had to first become successful merchants before they could develop their economies?
False!
How did the Greeks become successful traders?
The early Greeks became successful traders by using the seas as trading routes. They could not make a living farming, as the soil was too poor and rocky to sustain agriculture. The Greeks traded art, textiles, delicate glassware, precious stones, and perfume.
What has helped Italian merchant become successful trader?
I don't know do u know cuz I'm clueless!
Why did Phoenicia become wealthy region?
They were good and adventurous sailors and good successful traders.
How did Portuguese become superior traders?
The Portuguese came first as traders to India
How did Nubians become famous traders?
Because they have silt,rich soil,gold,stone and copper to sell that is why they are famous traders.
Why did most of the dutch who ventured overseas become traders?
most of the dutch who first ventured to new netherland were fur traders
Why did some towns become free?
The merchants bought the land.
When did merchants become shareholders?
July 5 Thursday 2024
