Rise Of international Trade
Factors that led to the International trade?
What is the impact of the Black Plague, The Silk Road, Technology and The Crusades?
Italian states territories in 1494
What are Kingdom of Naples, Papal States Republic of Florence Duchy of Milan and Republic of Genoa?
There was rivalry among them and all of them wanted to expand it
What is their businesses?
Made fortune as merchants and bankers and most powerful family in Italy
What is the Medici Family?
The aftermath and impacts of the Black Plague
What is decrease of population, increase of wages, lower house and food prices, better quality of life and traders and producers benefit. No more feudalism, economic growth, city states emerged and Italy being proud of being the home of the Roman empire.
Why leadership is important
What is city states have their own gov't, army, affairs etc without monarch
Genoa and Venice elected a leader called a dodge?
Commerce in ciy states
1434, he of them was powerful enough to control Florence. Politics was ruthless and made many enemies. (most family met violent desaths)
Who is Cosimo de Medici
The Silk Road
What are Trade routes (Europe to Asia). Traded goods (spices, fabrics, oil, fruits and Luxury good like jewels). . Spices were worth more than gold (low supply high demand)?
Why Geography is Important
What is Italy had a lot coast = cheaper transportation than other countries?
The use of banks in the renaissance
What is people made a lot of money and they stored it in banks?
(modern banks origin)
The Medicis were also famous for being...
Patrons of the arts
How the Crusades led to the rise of international trade.
What is Islam more advance then Europe (Ottoman Empire had access to many trade routes) so crusades brought new ideas, like astronomy and math/literature. They also brought goods. There were Byzantium refugees (Christians) good in textiles and fine crafting?
Why Climate is important
What is mild and warm climate made trade less impacted and good for growing valuable crops like grapes and olives?
Borrowing money from banks
What is people took loans to hire ships and crews. Usually they would only make money after their voyage.
Loans had usuries (interest). Ex. If you borrowed $100, after a week it increases by 5%?
After the plague, economy went in depression, Only few good businesses. Wealthy people invested into. arts
What is Economic and citizenships
How Technology led to the rise of international change.
What is silk road became dangerous (wars), People made different types of tech to navigate.Tools for navigation like sextant and astrolabe (navigated on ocean waters and angles), Magnetic compass (Invented in China 200AD, brought from the silk road) and Caravel (fast and maneuverable good for cargo, warships, fishing and pirate ships)?
Why social organizations are important
What is after the plague the Nobles became the upper class (business and politics) and the peasants became middle class (Very skilled and worked and made a lot of money)?
The Impact of wealth
What is wealthy people visiting Italy (spend money and worldview exchange)
-Bought arts and beauty to promote Renaissance and could invest in strong political leaders?
After investments into the arts, this led to...
What is the growth of culture and art in Italy characteristic of the renaissance period?