Economic Success and Political Influence of the Fuggers and Medicis

From the late 15th century to the early 16th century, the first golden era of economics began. Both Fugger and Medici families have enormous wealth and power. Both helped funded projects for certain people and authorities such as the Pope, the British Monarchy, and the Holy Roman Empire. Their economic performance and political influence at the time caused great confusion and in the future also caused turbulence. Because of the wealth and power of Fuggers and Medici in society, they can easily influence the interest and church governance of selling politics, especially reimbursement slips.

The Medici family, also known as the Medici family, succeeded in business and banking for the first time in the 13th century and acquired wealth and political power in Florence. With the advent of Cosimo de 'Medici (or Cosimo the Elder), with the support of family art and humanities in 1434, Florence became the birthplace of the Renaissance and the flowering of culture is comparable to that of ancient Greece It was. Medicis created four Roman papals (Leo X, Clement VII, Pius IV, Leon IX), which were mixed in royal families in Europe. The last ruler of Medici died in 1737 without male heirs and ended the dynasty near the 3 rd century.

Giovanni di Bitch de Medici established a bank branch in Florence in 1397 after dismantling his nephew and setting up a Medici bank. As the new bank grows, the wealth and power of the Medici family are growing. When Giovanni's son Cosimo Il Vecchio de Medici took over the banking business in 1434, the growing economic strength of the Medici family will be an effective ruler of Florence while maintaining the nominal integrity of the Republican government Did. - When a person becomes a reviewer at a certain point in time, life has a certain appeal. Resurrection or regeneration of the Quattrocento era in Italy is typical of this phenomenon. People who participated in the ancient times are enthusiastic, filled with passion and enthusiasm. It was not seen in the modern era of the next few centuries. In the city state of the Italian peninsula, the Republic of Florence is becoming the most important center of the Renaissance