Identify the role of the Italian city-states in the European
Commercial Revolution. (1 point)
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 competition among
themselves that often resulted in war.
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 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 participating in trade and developing new banking practices.
The correct answer is: "Italian city-states fueled the European Commercial Revolution by participating in trade and developing new banking practices."
To arrive at this answer, we need to understand the historical context and the role of Italian city-states during the European Commercial Revolution.
1. First, we need to know what the European Commercial Revolution refers to. The European Commercial Revolution was a period of economic expansion and trade advancements that took place from the late Middle Ages to the early modern period (14th to 18th century).
2. Italian city-states, such as Venice, Florence, Genoa, and Milan, were influential trading centers during this time. They had access to important trade routes, including the Mediterranean Sea and the Silk Road.
3. Italian city-states actively participated in trade, both within Europe and with the Middle East and Asia. They became hubs of commercial activity, facilitating the exchange of goods, ideas, and technology.
4. These city-states also played a crucial role in the development of banking practices. They introduced innovative financial techniques, such as double-entry bookkeeping, which revolutionized accounting and allowed for more complex financial transactions. They also established banks that provided credit and facilitated international trade.
5. The wealth accumulated through trade and banking practices enabled the Italian city-states to become patrons of the arts. They funded the development of Renaissance art, which flourished during this period. However, while the patronage of the arts was an important aspect of the Italian city-states' cultural impact, it was not directly related to their role in the European Commercial Revolution.
Therefore, the correct statement is that Italian city-states fueled the European Commercial Revolution by participating in trade and developing new banking practices.