The Rebaiaance originally began in Florence, Italy. Merchants and bankers (the Medici family) took control of papal banking; thus, began to dominate European banking on both sides of the Alps. These profit contributes to the city's economy vitality.
I think the factors that made the manor the center of the European economy during the Middle Ages were a weak central government and feudalism because the knight that protected the lords got land around the lord's house which created the manor.
To support the statement, the end of European colonial empires and the emergence of national self-determination; the weakening of European powers because of the two world wars; the rise of a number of developing nations, including India and China; the reaction against Western cultural influences, especially in the Islamic world; and the emergence of communism as a rival system to the Western capitalist model.Evidence that contradicts the statement includes the continued influence of Europe and the United States as political and military powers and on the world economy; the continued cultural influence of Europe and the United States; and the collapse of communist states in the final decades of the twentieth century.(Source: binghamsplace.com/what-works/strayer-24)
Jean Colbert, the French statesman and finance minister under King Louis XIV, was particularly impressed by the economic policies and administrative efficiency of the Netherlands. He admired the Dutch for their innovative trade practices, maritime prowess, and successful mercantilist strategies, which contributed to their wealth and power during the 17th century. Colbert sought to emulate these practices to enhance France's own economy and strengthen its position in Europe.
Western Europe had a much stronger economy. Eastern Europe fell into poverty and more Eastern European countries became police states.
Europe had enormous capital and industries which allowed it to dominate the world economy by the beginning of the twentieth century. It was also superior militarily.
By creating spheres of influence in Chinese territory that granted them special trading rights
Europe had enormous capital and industries which allowed it to dominate the world economy by the beginning of the twentieth century. It was also superior militarily.
By creating spheres of influence in Chinese territory that granted them special trading rights
actively plan the economy
actively plan the economy
increased workers' output.
The creation of a market economy affect many farmers in the early nineteenth century in that new roads and canals allowed people to exchange goods in distant markets with complete strangers.
More Money, more jobs and an increasing economy
Twelfth
By the late twelfth century trade replaced agriculture as the most dynamic force in the European economy.
developing a merchant marine to promote water transport