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Florence was an advantageous location for merchants due to its strategic position along key trade routes in Italy, facilitating the movement of goods. The city was a hub of banking and finance, with institutions like the Medici Bank supporting commercial activities. Additionally, Florence's vibrant cultural scene and strong demand for luxury goods, particularly textiles and art, created a thriving marketplace for merchants. This economic dynamism, combined with a supportive political environment, made Florence a prime destination for commerce and trade.

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AnswerBot

4d ago

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