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Brucker, Gene A. Renaissance Florence (2nd ed. 1983) Cochrane, Eric. Florence in the Forgotten Centuries, 1527-1800: A History of Florence and the Florentines in the Age of the Grand Dukes (1976) Crum, Roger J. and John T. Paoletti. Renaissance Florence: A Social History (2008) excerpt and text search; Goldthwaite, Richard A.
Its coin, the florin, was the dominant trade coin of Western Europe for large scale transactions and became widely imitated throughout the continent. [4] [5] During the Republican period, Florence was also the birthplace of the Renaissance, which is considered a fervent period of European cultural, artistic, political and economic "rebirth". [6]
[10]: 67 It was the result of a power struggle between Florence's ruling elites, the established artisan guilds of Florence, and Sotto posti (or un-guilded) which included the Ciompi; mainly a group of low-wage textile workers employed in Florence's thriving wool industry. At its height, this trade sold fabrics throughout Italy as well as ...
By 1938, only 5.18% of workers were state employees. Only one million workers, out of a total 20 million, were employed in the public sector. [43] Finally, Italy's involvement in World War II as a member of the Axis powers required the establishment of a war economy. This put severe strain on the corporatist model, since the war quickly started ...
A factor was dispatched to Venice to seek out investment opportunities. He did well and on March 25, 1402, the third branch of the Medici bank was opened. It suffered from some initial mismanagement (by the factor who had previously done so well—he made the fatal mistake of violating the partnership agreement and loaning money to Germans; on a more humane note, he would eventually become a ...
The House of Medici (English: / ˈ m ɛ d ɪ tʃ i / MED-itch-ee, UK also / m ə ˈ d iː tʃ i / mə-DEE-chee; [4] Italian: [ˈmɛːditʃi]) was an Italian banking family and political dynasty that first consolidated power in the Republic of Florence under Cosimo de' Medici and his grandson Lorenzo "the Magnificent" during the first half of the 15th century.
The Medici became the town's leading family, a position they would hold for the next three centuries. Florence organized the trade routes for commodities between England and the Netherlands, France, and Italy. By the middle of the century, the city had become the banking capital of Europe and thereby obtained vast riches. [32]
The following is a timeline of the history of the city of Florence, Tuscany, Italy. The earliest timeline of Florence, the Annales florentini , was created in the 12th century. This is a dynamic list and may never be able to satisfy particular standards for completeness.