Venice Italy is best known today for its culture and romantic canals. With the exotic way the city was construction and the backdrop of the ever-changing light caused by the waters of the canals, it has been romantically portrayed in many paintings, plays, movies, songs and operas. The once city state was a major trading empire. Located on the north end of the Adriatic Sea it was ideal for merchant shipping. Specializing in trade with the Byzantine Empire and the eastern world, Venice established a stable and prosperous economy.
At the time of the industrial revolution Britain had an expanse of world in its possession. The British Empire consisted of countries such as America and India, both that had mass products of export. As Phil Chapple said in his book The Industrialisation of Britain 1780-1914 overseas trade was a very 'important stimulus to manufacturing and commerce'. Britain benefited from strong commercial links with America, whom produced cotton in the South, which Britain processed into textiles to then be re-exported to other countries. Britain had numerous advantages concerning trade, facilitating its growing wealth.
Because of the Fuggers' and Medici's wealth and power in society they easily influenced politics, especially ecclesiastical governance by usury and sale of indulgences. In the early sixteenth century the Fugger family of Augsburg, was the wealthiest and most influential financial organization in Europe. They started making money by importing raw cotton from Mediterranean ports. The Fugger family then moved into more lucrative trades such as silk and herbs, controlling most of Europe's pepper market. "The Fuggers virtual monopoly on all gold, silver, and copper mining in central Europe endowed its leaders with great political influence" (Encarta Encyclopedia).
One thing that helped Italy was their geography. Italy’s prime location gave forth to lots of trade. In the time of the Renaissance trade was huge and Italy was a great trading post. Their city states that they made great trading places too and they had civic pride between each other just like the Renaissance. Different groups of people tried to take control of the city states just like in the time of the Renaissance where families tried to take the power of the cities like Florence.
The success of the new invigoration of the country’s spirit contributed to a wealthy economy, particularly in cities such as Florence, which became a center for banking. A rich merchant class came to be, and this produced patrons of the Renaissance artists—encouraging even more of the prosperity that the movement had started. Naturally, Italy grew into a center of trade for Europe, which would launch the Renaissance’s
The Byzantine Empire and the Islamic Caliphates shared similarities in their economic and artistic and intellectual development, while their religious beliefs differed and coincided at the same time. The Byzantine Empire relied heavily on trade. These people were able to travel along a revived Silk Road and through the nearby Mediterranean Sea, which lead to the development of their capitol, Constantinople as a center of wealth and commerce. Due to their international success in trade and highly developed commercial structure, the Byzantines were able to institute a system of banking in their vast Greco-Roman empire. Another factor that added to their economic success was their agricultural prowess.
THESIS STATEMENT During the Renaissance, Florence profited from a mercantile economy due to the guilds, the quality and variety of goods and the style and management of the market place. PURPOSE STATEMENT Through historical and economic data this research paper will express how Florence flourished from a mercantile economy in the Renaissance. INTRODUCTION The Renaissance was the rebirth of Europe and it all started in the city of Florence. Florence and everything that made a standard Renaissance city: painters, sculptors, writers, architects, and a vivid culture. Soon all of Europe would follow in Florence’s footsteps and “the setting is so rich, varied, rambunctious, and inventive as Italy in the Renaissance” (Cohen 1).
Money lay at the centre of art, and that is why patronage is so important. The system of patronage is a wide term and therefore there are a number of influences to consider when answering this question. Among them are the glory of the family; the honour of the city; the increasing economic power of individuals and groups; and the classical legacy that influenced art so much. Although in the later Renaissance time, Rome became increasingly involved (with the Pope's influence), Florence and Venice were the two leading protagonists as centres of culture in the earlier years. Not surprisingly, they were also the two leading cities economically.
In ancient China, the Silk Road was an invaluable highway system used to transport valuable trade items and knowledge and ideas throughout Asia. Many valuable goods were shipped off and profit was made from trading with Rome, India, and China. With the Silk Road, valuable goods and ideas spread efficiently; areas were revolutionized and it allowed for cultural diffusion to occur. Many valuables were exchanged along the Silk Road, not only were items traded, but new ideas as well. One of “the most valuable item of trade was silk, but jade, pearls, coral, glass, fine linen and wool were also brought on the road by merchants” (Cultural Exchange).
The Italian cities of Venice and Genoa had grown rich on trade, largely with Byzantium and the Orient. Florence had become rich as a result of trade in wool, silk and jewelry and was home to the vast wealth of the rich, powerful, sophisticated Medici family. The expansion of shipping (the so called “Age of Discovery” led to other influences and stimulus of new ideas and a desire to explore the world. The weakened influence of the Church also allowed the Renaissance to flourish. It’s weakened state allowed t... ... middle of paper ... ...ans of preparation for eternity, whereas Beauty afforded a glimpse of a transcendental existence.