Respuesta :
they maintained industry in silk and wood and bought luxury items from the east and sold for large profits.
they also thrived from selling insurance to sea traders & creating banks to make loans and exchange currency.
they also thrived from selling insurance to sea traders & creating banks to make loans and exchange currency.
Florence is brimming with artworks and Renaissance structures. The Tuscan city is also known as the birthplace of Italian haute couture — and cantuccini. Florence, more than almost any other Italian city, is connected with the creative forces who founded the Renaissance.
Florence thrive financially because of the following reasons:
- Unlike other states, Florence was not ruled by royal courts.
- Instead, it was a republic with a democratically chosen government.
- This made the city more frugal in taste, which also meant that people's wealth building and saving behavior was more reasonable and humble, contributing to the city's successful economy.
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