Florence is often named as the birthplace of the Renaissance. The early writers and artists of the period sprung from this city in the northern hills of Italy. As a center for the European wool trade, the political power of the city rested primarily in the hands of the wealthy merchants who dominated the industry.
How did Florence and Venice gain their wealth?
It was an important trading centre on the route from Rome to Venice, and also known for its wool and its bankers across Europe. The Medici family, Florence’s most famous bankers of all, made their fortune by loaning out money at an interest to an important network of clients across the continent.
How was Florence organized during the Renaissance?
The Renaissance really gets going in the early years of 15th century in Florence. Instead, Italy was divided into many city-states (Florence, Milan, Venice etc.), each with their own government (some were ruled by despots, and others were republics). …
Why did rich Italians give money to artists during the Renaissance?
Why did wealthy Italians support artists during the Renaissance? Italians leading citizens could pay painters, sculptors, and architects to produce many new works. Because of their strong economy there were more customers for artists and more money for a new kind of art.
What was Florence like during the early Renaissance?
Florence in the Early Renaissance. In this period, which we call the Early Renaissance, Florence is not a city in the unified country of Italy, as it is now. Instead, Italy was divided into many city-states (Florence, Milan, Venice etc.), each with their own government (some were ruled by despots, and others were republics).
Why was there so much wealth in Florence?
There are several answers to that question: Extraordinary wealth accumulated in Florence during this period among a growing middle and upper class of merchants and bankers. With the accumulation of wealth often comes a desire to use it to enjoy the pleasures of life—and not an exclusive focus on the hereafter.
What was the currency of Florence during the Renaissance?
As a result, the florin became one of the most common currencies in all of Europe at the time. In fact, the florin remained in use without a major change to its design until 1533. This caused the bankers of Florence to gain power in the city-state and beyond.
What was the power of the Medici family in Florence?
Political power resided in the hands of middle-class merchants, a few wealthy families (such as the Medici, important art patrons who would later rule Florence) and the powerful guilds. Why did the Renaissance begin in Florence?
