Renaissance Economy
To what extent was economics the main factor that led to the renaissance starting in Italy?
What is Renaissance?
The Renaissance was a period in European history, since the 14th to the 17th century, observed as the cultural connection between the Middle Ages and modern history.
Map of Italy
In this essay, it will be more about economics since there were a lot of problems about this during the renaissance period. Economics was an issue that led to the renaissance starting in Italy. Throughout the Renaissance, the economy grew dramatically, particularly in the area of trade. Growths such as improvements in banking, expanding trade routes, and new manufacturing systems led to an overall increase in commercial activity. Feudalism, which had
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The changes affected many aspects of European society, forcing people to familiarize to different kinds of work and new ways of doing business with others. This is because during this period where there was a silk road, and the route is in Italy. This is shown by this map below that the silk road is in Italy:
The biggest downside to the Silk Road is the spread of diseases. Measles, pox and the biggest disease in the world, the bubonic plague. The bubonic plague is as known as the black death that killed half of the European’s population. Since the bubonic plague had happened and lots of people died, the economy in Europe is reduced leading to misery. The Italian Renaissance saw the revelation of many modern economic organizations. Banking exploded in Florence at the beginning of the 12th century and was dominant for the next 200 years. The Florentines (people from Florence) also introduced the forerunner of the modern tax system in the catasto of 1427. Renaissance Italy also predicted the modern world in another way - it was a city, unapologetically capitalist
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In conclusion, the economics was a factor that led to the renaissance starting in Italy because the bubonic plague is spread to Italy from the silk road, half of the population has died in Europe, people started to take other people’s supplies, goods and money from the people who had died from the bubonic plague, they sell or trade the supplies and goods to other people to get a lot of money (they started from small to big business)
Quotes
“Simplicity is the ultimate sophistication.” -Leonardo Da Vinci 1452 -
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