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The Economy of Florence during the Medici Government

Ionuț Alexandru Pleșcău ()
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Ionuț Alexandru Pleșcău: University of Bucharest

Ovidius University Annals, Economic Sciences Series, 2019, vol. XIX, issue 1, 276-279

Abstract: The aim of this paper is to present some aspects of the florentin economy, in the 15th century. Prior to the arrival of Cosimo in Florence, the inhabitants' life was monotonous, marked largely by several religious holidays, small merchants, traveler dialects and agriculture farming. The plague epidemic in 1348 has led to a considerable economic crash period and to a decline of italian population. The old political elites and the new rich class have produced a social disorder among ordinary people. But the quattrocento will bring an unexpected economic and cultural expansion through the presence of Cosimo „il Vecchio†. The modern capitalism has his roots in this period given the importance of Medicean Bank (1397 – 1494).

Keywords: Renaissance; Florence; trade; Cosimo de Medici; Byzantium (search for similar items in EconPapers)
JEL-codes: B00 N23 Z10 (search for similar items in EconPapers)
Date: 2019
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