Florences Market in the Renaissance - 2362 Words

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 â€Å"the setting is so rich, varied, rambunctious, and inventive as Italy in the Renaissance† (Cohen 1). The†¦show more content†¦(Brucker 84) Young merchants were encouraged to travel abroad at a young age so they can become familiar with the region because later in life they would have to make a decision to either stay in their home city or go live in a foreign city. â€Å"Although luxury goods continued to be imported from the Far East, merchants wanted to produce exotic goods, such as silk cloth, within Europe† (Langley 17). Most merchants chose to live abroad because there was more business than in their home city but were required to send the money back to their own city. Apprentices were young people in a profession. If they wanted to make their profession their life they had to join a guild and become someone’s apprentice. When you were and apprentice you usually had to do small jobs for example getting paint ready if you were a painter, but as the years progressed you might be able to add the finishing touches to your masters work. (Lecture – Apprenticeships). The guilds were famous and they commissioned people to do certain things. When the guilds were told to build something for their city, for example Florence, they would commission someone to do something. â€Å"The magistrates of the merchants guild of Florence commissioned [Andrea del Verrocchio] to execute a bronze Doubting of Thomas† (Verrocchio, Andrea del). Guild members were very powerful in the government of Florence or theShow MoreRelatedThe Story of Bianco Alfani: Reflecting the Nature of 14th Century Florentine Society 1530 Words   |  7 Pageslives of Pitti, Dati and Alfani. Next, the rise of commerce in Renaissance Florence was marked by key alliances and the development of the wool industry in the 13th century. The international banking web used by Dati and Pitti was developed earlier when; â€Å"[Florence] took over the papal banking monopoly†¦ and established themselves as tax collectors for the Holy See. The papacy’s influence stretched across the whole of Europe. 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