MindMap Gallery Trade and Economic Development during the Renaissance Period

Trade and Economic Development during the Renaissance Period

During the Renaissance, trade networks expanded significantly, with Mediterranean trade flourishing anew and Atlantic trade emerging, connecting Europe, Africa, and the Americas into a vast trade system. Commodities such as silk, spices, and gold circulated abundantly within these trade networks, not only satisfying people's needs but also promoting economic prosperity. Alongside trade development, banking and insurance gradually emerged, providing financial support and risk protection for trade activities. Additionally, urban economies flourished, with cities such as Florence and Venice becoming trade and financial hubs due to their superior geographical locations and abundant resources, driving the economic prosperity of the entire Renaissance period.

Edited at 2025-01-19 03:36:52
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Trade and Economic Development during the Renaissance Period

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