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Economics and Politics of the Renaissance

Economics and Politics of the Renaissance. Essential Question. How did politics and economies change during the Renaissance?. Changing Economies. Move away from feudalism because of trade Middle Ages: wealth = land/nobility Renaissance : w ealth = trade/money.

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Economics and Politics of the Renaissance

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  1. Economics and Politics of the Renaissance

  2. Essential Question • How did politics and economies change during the Renaissance?

  3. Changing Economies • Move away from feudalism because of trade • Middle Ages: wealth = land/nobility • Renaissance : wealth = trade/money. • Growth of cities and urban workers • Not just farmers

  4. Rise of Banks • Need a place to keep money • Need loans to start businesses/trade

  5. The Medici • A powerful banking family that controlled Florence • The Church was one of their clients • They were also patrons of the arts • http://www.youtube.com/watch?v=0enkNIMAPHU

  6. Growth of the Middle Class • Nobles of the Middle Ages lose power to merchants/craftsmen of the Renaissance • In cities, one could take a job in the city rather than working in the field for a lord.

  7. What is created? WEALTH

  8. Politics: Types of Rulers • Monarchies in France, England, Spain • Urban Oligarchies in Italian Cities • Wealthy families controlled govt • Example: Medici Family

  9. Church/Pope vs Monarchies • Church begins to lose some power as kings and queens desire more control over their country. • More realistic for the king to be in charge VS

  10. What do the governments do? • Create armies, build roads, support the arts, build schools • Taxed the people to pay for all this

  11. How did governments get the money? • Taxed the wealth of their subjects

  12. Legacy/Impact • The economies and governments of the Renaissance lay the foundation for our modern economy and government

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