Identify the role of the Italian city-states in the European Commercial Revolution.(1 point) Responses Italian city-states fueled the European Commercial Revolution by participating in the Middle Ages. Italian city-states fueled the European Commercial Revolution by participating in the Middle Ages. Italian city-states fueled the European Commercial Revolution by participating in trade and developing new banking practices. Italian city-states fueled the European Commercial Revolution by participating in trade and developing new banking practices. Italian city-states fueled the European Commercial Revolution by becoming art patrons and funding the development of Renaissance art. Italian city-states fueled the European Commercial Revolution by becoming art patrons and funding the development of Renaissance art. Italian city-states fueled the European Commercial Revolution by participating in competition among themselves that often resulted in war.
Italian city-states fueled the European Commercial Revolution by participating in trade and developing new banking practices.
The role of the Italian city-states in the European Commercial Revolution was to participate in trade and develop new banking practices.
The correct response is: Italian city-states fueled the European Commercial Revolution by participating in trade and developing new banking practices.
Italian city-states, such as Venice, Genoa, and Florence, played a crucial role in the European Commercial Revolution. During the Middle Ages, these city-states became major centers of trade due to their strategic locations and access to Mediterranean trade routes. They established extensive networks of trade with different regions in Europe, the Middle East, and Asia, importing and exporting a wide range of goods. This active participation in trade helped stimulate economic growth and the exchange of goods and ideas throughout Europe.
In addition to trade, Italian city-states also developed innovative banking practices. They introduced double-entry bookkeeping, letters of credit, and other financial instruments that facilitated international commerce. The banking system developed in these city-states allowed for efficient and reliable financial transactions, enabling merchants and traders to conduct business more effectively.
While the Italian city-states did become art patrons during the Renaissance and experienced competition among themselves, these aspects do not directly relate to their role in the European Commercial Revolution. The primary contributions of the Italian city-states to the revolution were their involvement in trade and the development of new banking practices.