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The Wealth And Influence Of The Medici Family In The Italian Renaissance

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Their wealth and influence initially derived from the textile trade guided by the guild of the Arte della Lana. Like other signore families, they dominated their city 's government, they were able to bring Florence under their family 's power, and they created an environment where art and humanism could flourish. They along with other families of Italy, such as the Visconti and Sforza of Milan, the Este of Ferrara, and the Gonzaga of Mantua, fostered and inspired the birth of the Italian Renaissance.

The Medici Bank was one of the most prosperous and most respected institutions in Europe. There are some estimates that the Medici family were the wealthiest family in Europe for a time. From this base, they acquired political power initially
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During the Renaissance, Florence had an Oligarchy as the type of Government. This is true because, during the 1400’s, there was no King, Prince, or Duke, which means it can’t be a Monarchy. Instead, I know for a fact that an Oligarchy is run by a few wealthy families, which in this case of florence is true.

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In the book, Love and Marriage in Renaissance Europe, Giovanni and Lusanna, written by Gene Brucker, a historian who researched and studied about love and marriage during the Renaissance time period, analysis how social classes in marriage are defined by wealth. He also explains the treatment of men that has an upper class status and how bribery is utilized in the decision making process. Brucker presents an account of a marriage agreement that took place according to Lusanna, but Giovanni denied those claims. The city of Florence was ruled by the Medici family for generations, which held an enormous amount of power beginning with Cosimo, who “dispensed favors to his allies, clients, and creatures in the form of offices, loans, remission

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Lorenzo de’ Medici was a powerful and extremely wealthy Italian statesman. In effect, he was the ruler of the Florentine Republic. The Medici family itself had gained great wealth in their era as bankers and captains of industry. They controlled just about every aspect of local society through their monopoly on the monetary

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Due to Siena no longer being Europe’s banking center, Medici made Florence the banking headquarters. Medici had a lot of influence throughout Europe because he was a banker and because of Medici, he helped Florence create a stable economy. Even though there were multiple bankers in Florence Medici was different. Medici was different because he was a patronage of arts. The reason for this was because Medici wanted to go to heaven so in doing so, he used his money for the patronage of the arts (purgatory).

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The Renaissance era was noted to be an era of discoveries, wealth and great fortune. Most of Italy’s cities became wealthy through trade accessed through waterways around the country. The wealth of these merchants clearly influenced as well as supported new artist, writers, and philosophers. Among these wealthy merchant families was the Medici Family, whose wealth was in banking. During the early period of Renaissance Era the Medici Family’s wealth/contributions and support establish them as one of the most influential patrons of the arts/literature and intellectual learning.

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The Medici family was a powerful and influential Florentine family from the thirteenth

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They are not only responsible for being patrons to some of the greatest innovators of their time but also changing the way life was done around them. The influence of the Medici family throughout the Renaissance period is an example of the common themes theory as the family helped with new economic development through their patronage in the arts and education. At the start of the Renaissance there was not a unit of power that truly took control of the city of Florence, until the Medici came into power. There was only religious control telling the people what they could and could not do and even those in charge of religious positions fell to corruption. People were unable to make decisions with out fear that they will be killed or persecuted for those actions.

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Michelangelo had a gigantic influence on the renaissance. He was a master at both painting and sculpting, he also was an architect, engineer, and poet. During his day he was unbeatable in his painting and sculpting skills. He had many artist study under him and help him with painting the Sistine Chapel in Vatican, but none were on par with him.

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