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Cities such as Venice, Milan, Genoa, Florence, Siena, Pisa, Bologna among others, rose to great political power, becoming major financial and trading centers. These states paved the way for the Italian Renaissance and the end of the perceived obscurity of the Middle Ages.
Nov 30, 2017 · Using data on population, urbanization, prices, wages, and GDP, this article outlines the macroeconomic trends in central and northern Italy in the age of the Renaissance (1350–1550).
- Paolo Malanima
- 2018
During the late Middle Ages, Northern and Central Italy became far more prosperous than the south of Italy, with the city-states, such as Venice and Genoa, among the wealthiest in Europe.
Italy played a central role in the Euro-Mediterranean economy during Antiquity, the late Middle Ages, and the Renaissance. Until the end of the 16th century, the Italian economy was relatively advanced compared with those of the Western European and Mediterranean countries.
Thus, during the later years of the Middle Ages, northern Italy flourished economically and intellectually. Further, because Italy's maintained its market economy while the rest of Europe developed a self- contained barter economy of feudal territories spawned by agrarian life, feudalism did not take hold in northern Italy as it did elsewhere ...
2 days ago · Italy - Economy, Society, Culture: Early medieval Italy was an overwhelmingly agrarian society, as it had been before and as it was to be for centuries. Wealth thus derived above all from the ownership of landed estates. Estates were exploited by subsistence tenants on a standard medieval pattern.
2 days ago · Italy in the early Middle Ages. The Roman Empire was an international political system in which Italy was only a part, though an important part. When the empire fell, a series of barbarian kingdoms initially ruled the peninsula, but, after the Lombard invasion of 568–569, a network of smaller political entities arose throughout Italy.
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