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House of Sforza

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The House of Sforza ( Italian: [ˈsfɔrtsa] ) was a ruling family of Renaissance Italy , based in Milan . Sforza rule began with the family's acquisition of the Duchy of Milan following the extinction of the Visconti family in the mid-15th century and ended with the death of the last member of the family's main branch, Francesco II Sforza , in 1535.

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62-556: The first son of Muzio Attendolo Sforza , Francesco I Sforza , married Bianca Maria (1425–1468) in 1441. She was the daughter and only heir of the last Duke of Milan , Filippo Maria Visconti . He thus acquired the title of Duke of Milan (1450–1466), ruled Milan for 16 years, and made the Sforzas the heirs of the house of Visconti. The family also held the seigniory of Pesaro , starting with Muzio Attendolo's second son, Alessandro (1409–1473). The Sforza held Pesaro until 1512, after

124-439: A humid subtropical climate ( Cfa ), tending to Mediterranean ( Csa ). It has hot summers with moderate or light rainfall and cool, damp winters. As Florence lacks a prevailing wind, summer temperatures are higher than along the coast. Rainfall in summer is convectional , while relief rainfall dominates in the winter. Snow is rare. The highest officially recorded temperature was 42.6 °C (108.7 °F) on 26 July 1983 and

186-724: A secundogeniture of the Habsburg-Lorraine dynasty, who were deposed for the House of Bourbon-Parma in 1801. From 1801 to 1807 Florence was the capital of the Napoleonic client state Kingdom of Etruria . The Bourbon-Parma were deposed in December 1807 when Tuscany was annexed by France . Florence was the prefecture of the French département of Arno from 1808 to the fall of Napoleon in 1814. The Habsburg-Lorraine dynasty

248-529: A Roman city, and later, after a long period as a flourishing trading and banking medieval commune , it was the birthplace of the Italian Renaissance . It was politically, economically, and culturally one of the most important cities in Europe and the world from the 14th to 16th centuries. The language spoken in the city during the 14th century came to be accepted as the model for what would become

310-524: A cruiser called Muzio Attendolo in 1935. See also Condottieri-class cruiser . Florence Florence ( / ˈ f l ɒr ən s / FLORR -ənss ; Italian : Firenze [fiˈrɛntse] ) is the capital city of the Italian region of Tuscany . It is also the most populated city in Tuscany, with 364,073 inhabitants in 2024, and 990,527 in its metropolitan area . Florence

372-585: A fair sector of Florence's economy. The city's income relies partially on services and commercial and cultural interests, such as annual fairs, theatrical and lyrical productions, art exhibitions, festivals and fashion shows, such as the Calcio Fiorentino . Heavy industry and machinery also take their part in providing an income. In Nuovo Pignone, numerous factories are still present, and small-to medium industrial businesses are dominant. The Florence-Prato-Pistoia industrial districts and areas were known as

434-410: A field when mercenaries led by Boldrino da Panicale passed nearby in search of recruits. He then stole one of his father's horses and followed the soldiers to follow the same career. Later, together with his brothers Bosio, Francesco and Bartolo and two cousins, Muzio joined the company of Alberico da Barbiano , who nicknamed him "Sforza" ('Strong'). In 1398 he was at the service of Perugia against

496-626: A legitimization of political expediency and even malpractice. Machiavelli was a political thinker, renowned for his political handbook The Prince , which is about ruling and exercising power. Commissioned by the Medici, Machiavelli also wrote the Florentine Histories , the history of the city. In 1512, the Medici retook control of Florence with the help of Spanish and Papal troops. They were led by two cousins, Giovanni and Giulio de' Medici , both of whom would later become Popes of

558-600: A location in the Piazza del Duomo. In October 2021, Florence was shortlisted for the European Commission 's 2022 European Capital of Smart Tourism award along with Bordeaux , Copenhagen , Dublin , Ljubljana , Palma de Mallorca and Valencia . Food and wine have long been an important staple of the economy. The Chianti region is just south of the city, and its Sangiovese grapes figure prominently not only in its Chianti Classico wines but also in many of

620-493: A programme of spraying church steps with water to prevent tourists from using such areas as picnic spots. While he values the benefits of tourism, he claims that there has been "an increase among those who sit down on church steps, eat their food and leave rubbish strewn on them", he explained. To boost the sale of traditional foods, the mayor had introduced legislation (enacted in 2016) that requires restaurants to use typical Tuscan products and rejected McDonald's application to open

682-443: A result. In 2015, Mayor Dario Nardella expressed concern over visitors who arrive on buses, stay only a few hours, spend little money but contribute significantly to overcrowding. "No museum visit, just a photo from the square, the bus back and then on to Venice ... We don't want tourists like that", he said. Some tourists are less than respectful of the city's cultural heritage, according to Nardella. In June 2017, he instituted

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744-586: A sister of Pandolfello Piscopo " Alopo ", Grand Chamberlain of the Kingdom of Naples and lover of Queen Joanna II . They had: In 1421, Sforza married thirdly with Maria (died 1440), daughter of Giacomo da Marzano, 1st Duke of Sessa, and Sovereign Countess of Celano after inheriting from her first husband Nicola de Berardi. They had: With Tamira di Cagli, Sforza had two children: With Lucia Terzani de Martini (or Lucia Demartini according to other sources; died 1461), They had: The Italian Regia Marina launched

806-431: A vast patronage network along with his alliance to the new immigrants, the gente nuova (new people). The fact that the Medici were bankers to the pope also contributed to their ascendancy. Cosimo was succeeded by his son Piero , who was, soon after, succeeded by Cosimo's grandson, Lorenzo in 1469. Lorenzo was a great patron of the arts, commissioning works by Michelangelo , Leonardo da Vinci and Botticelli . Lorenzo

868-518: Is a major production and commercial centre in Italy, where the Florentine industrial complexes in the suburbs produce all sorts of goods, from furniture, rubber goods, chemicals, and food. Traditional and local products, such as antiques, handicrafts, glassware, leatherwork, art reproductions, jewellery, souvenirs, elaborate metal and iron-work, shoes, accessories and high fashion clothes also occupy

930-469: Is particularly strong, with world-renowned museums such as the Uffizi selling over 1.93 million tickets in 2014. The city's convention centre facilities were restructured during the 1990s and host exhibitions, conferences, meetings, social forums, concerts and other events. In 2016, Florence had 20,588 hotel rooms in 570 facilities. International visitors use 75% of the rooms; some 18% of those were from

992-446: Is the most significant industry in central Florence. From April to October, tourists outnumber the local population. Tickets to the Uffizi and Accademia galleries are regularly sold out and large groups regularly fill the basilicas of Santa Croce and Santa Maria Novella , both of which charge for entry. Tickets for The Uffizi and Accademia can be purchased online prior to visiting. In 2010, readers of Travel + Leisure magazine ranked

1054-519: The Battle of Casalecchio . He was the father of Francesco Sforza , who ruled Milan for 16 years. Giacomuzzo was born in 1369 in Cotignola ( Romagna ) to a rich family of rural nobility, son of Giovanni Attendolo (died 1385/1386) and Elisa. Muzio was the short form of the nickname of Giacomuzzo , which was the name of his paternal grandfather. According to tradition, young Giacomo was ploughing

1116-729: The Borgia family through the arranged marriage (1493–1497) between Lucrezia Borgia and Giovanni (the illegitimate son of Costanzo I of Pesaro ). This alliance failed, as the Borgia family annulled the marriage once the Sforza family were no longer needed. In 1499, in the course of the Italian Wars , the army of Louis XII of France took Milan from Ludovico Sforza (known as Ludovico il Moro , famous for taking Leonardo da Vinci into his service). After Imperial German troops drove out

1178-618: The French , Maximilian Sforza , son of Ludovico, became Duke of Milan (1512–1515) until the French returned under Francis I of France and imprisoned him. In 1521 Charles V drove out the French and restored the younger son of Ludovico, Francesco II Sforza to the duchy. Francesco remained the ruler of Milan until his death in 1535 and as he was childless the Duchy reverted to the Emperor, who passed it to his son Philip II in 1540, thus beginning

1240-615: The Historic Centre of Florence a World Heritage Site in 1982. The city is noted for its culture, Renaissance art and architecture and monuments. The city also contains numerous museums and art galleries, such as the Uffizi Gallery and the Palazzo Pitti , and still exerts an influence in the fields of art, culture and politics. Due to Florence's artistic and architectural heritage, Forbes ranked it as one of

1302-731: The Italian Social Republic . Hitler declared it an open city on 3 July 1944 as troops of the British 8th Army closed in. Except for the Ponte Vecchio , in early August, the retreating Germans decided to demolish all the bridges along the Arno linking the district of Oltrarno to the rest of the city, making it difficult for troops of the 8th Army to cross. Florence was liberated by New Zealand , South African and British troops on 4 August 1944 alongside partisans from

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1364-510: The Italian language . Thanks especially to the works of the Tuscans Dante , Petrarch and Boccaccio , the Florentine dialect, above all the local dialects, was adopted as the basis for a national literary language. Starting from the late Middle Ages , Florentine money—in the form of the gold florin —financed the development of industry all over Europe, from Britain to Bruges , to Lyon and Hungary . Florentine bankers financed

1426-710: The Tuscan Committee of National Liberation (CTLN). The Allied soldiers who died driving the Germans from Tuscany are buried in cemeteries outside the city (Americans about nine kilometres or 5 + 1 ⁄ 2 miles south of the city, British and Commonwealth soldiers a few kilometres east of the centre on the right bank of the Arno). At the end of World War II in May 1945, the US Army's Information and Educational Branch

1488-500: The urban area of Florence. The Metropolitan Area of Florence, Prato and Pistoia , constituted in 2000 over an area of roughly 4,800 square kilometres (1,850 sq mi), is home to 1.5 million people. Within Florence proper, 46.8% of the population was male in 2007 and 53.2% were female. Minors (children aged 18 and less) totalled 14.10% of the population compared to pensioners, who numbered 25.95 percent. This compares with

1550-742: The 'Third Italy' in the 1990s, due to the exports of high-quality goods and automobile (especially the Vespa ) and the prosperity and productivity of the Florentine entrepreneurs. Some of these industries even rivalled the traditional industrial districts in Emilia-Romagna and Veneto due to high profits and productivity. In the fourth quarter of 2015, manufacturing increased by 2.4% and exports increased by 7.2%. Leading sectors included mechanical engineering, fashion, pharmaceutics, food and wine. During 2015, permanent employment contracts increased by 48.8 percent, boosted by nationwide tax break. Tourism

1612-481: The 6th century and Florence was in turn conquered by Charlemagne in 774 becoming part of the March of Tuscany centred on Lucca . The population began to grow again and commerce prospered. Margrave Hugo chose Florence as his residency instead of Lucca around 1000 AD. The Golden Age of Florentine art began around this time. In 1100, Florence was a " commune ", meaning a city-state. The city's primary resource

1674-477: The Catholic Church, (Leo X and Clement VII, respectively). Both were generous patrons of the arts, commissioning works like Michelangelo 's Laurentian Library and Medici Chapel in Florence, to name just two. Their reigns coincided with political upheaval in Italy, and thus in 1527, Florentines drove out the Medici for a second time and re-established a theocratic republic on 16 May 1527, (Jesus Christ

1736-539: The English kings during the Hundred Years' War . They similarly financed the papacy, including the construction of their provisional capital of Avignon and, after their return to Rome, the reconstruction and Renaissance embellishment of Rome. Florence was home to the Medici, one of European history's most important noble families. Lorenzo de' Medici was considered a political and cultural mastermind of Italy in

1798-489: The Italian average of 18.06 percent (minors) and 19.94 percent (pensioners). The average age of Florence resident is 49 compared to the Italian average of 42. In the five years between 2002 and 2007, the population of Florence grew by 3.22 percent, while Italy as a whole grew by 3.56 percent. The birth rate of Florence is 7.66 births per 1,000 inhabitants compared to the Italian average of 9.45 births. As of 2009 , 87.46% of

1860-631: The Milanese troops of Gian Galeazzo Visconti , to whom Muzio soon switched his loyalty following the typical behaviour of mercenary chieftains of the time. Later Muzio fought for Florence against Visconti but in 1402, at the Battle of Casalecchio , was defeated by his former master Alberico da Barbiano. By 1409, he was in the employ of Niccolò III d'Este of Ferrara , who was being menaced by Ottobono Terzi of Parma . King Ladislaus of Naples named him Gran Connestabile of his kingdom. Sforza's military qualities were mostly needed against Florence and

1922-537: The U.S. In 2014, the city had 8.5 million overnight stays. A Euromonitor report indicates that in 2015 the city ranked as the world's 36th most visited in the world, with over 4.95 million arrivals for the year. Tourism brings revenue to Florence, but also creates certain problems. The Ponte Vecchio, The San Lorenzo Market and Santa Maria Novella are plagued by pickpockets. The province of Florence receives roughly 13 million visitors per year and in peak seasons, popular locations may become overcrowded as

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1984-419: The centre, damaging many art treasures. Around the city there are tiny placards on the walls noting where the flood waters reached at their highest point. Florence lies in a basin formed by the hills of Careggi , Fiesole , Settignano , Arcetri , Poggio Imperiale and Bellosguardo (Florence). The Arno river , three other minor rivers (Mugnone, Ema and Greve) and some streams flow through it. Florence has

2046-429: The city as their third favourite tourist destination. In 2015, Condé Nast Travel readers voted Florence as the best city in Europe. Studies by Euromonitor International have concluded that cultural and history-oriented tourism is generating significantly increased spending throughout Europe. Florence is believed to have the greatest concentration of art (in proportion to its size) in the world. Thus, cultural tourism

2108-500: The death of Costanzo II Sforza . Muzio's third son, Bosio (1411–1476), founded the branch of Santa Fiora , who held the title of count of Cotignola ; the Sforza ruled the small county of Santa Fiora in southern Tuscany until 1624. Members of this family also held important ecclesiastical and political positions in the Papal States , and moved to Rome in 1674, taking the name of Sforza Cesarini. The Sforza became allied with

2170-518: The death of Gian Gastone de' Medici in 1737. The Kingdom of Italy , which was established in 1861, moved its capital from Turin to Florence in 1865, although the capital was moved to Rome in 1871. Florence was established by the Romans in 59 BC as a colony for veteran soldiers and was built in the style of an army camp . Situated along the Via Cassia , the main route between Rome and

2232-519: The eclipse of Florence's formerly powerful rival Pisa . The growing power of the merchant elite culminated in an anti-aristocratic uprising, led by Giano della Bella , resulting in the Ordinances of Justice which entrenched the power of the elite guilds until the end of the Republic. At the height of demographic expansion around 1325, the urban population may have been as great as 120,000, and

2294-527: The following, confused, events that led to the arrival of Louis III of Anjou in Naples in opposition to Alfonso V of Aragon , Sforza helped Joan and Sergianni to flee to Aversa . In 1423, the city of L'Aquila rebelled against Braccio da Montone and he was sent to support it. In an attempt to save one of his pages during the fording of the River Pescara , Sforza drowned and his body was swept away by

2356-488: The late 15th century. Two members of the family were popes in the early 16th century: Leo X and Clement VII . Catherine de' Medici married King Henry II of France and, after his death in 1559, reigned as regent in France. Marie de' Medici married Henry IV of France and gave birth to the future King Louis XIII . The Medici reigned as Grand Dukes of Tuscany , starting with Cosimo I de' Medici in 1569 and ending with

2418-468: The lowest was −23.2 °C (−9.8 °F) on 12 January 1985. In 1200 the city was home to 50,000 people. By 1300 the population of the city proper was 120,000, with an additional 300,000 living in the Contado . Between 1500 and 1650 the population was around 70,000. As of 31 October 2010 , the population of the city proper is 370,702, while Eurostat estimates that 696,767 people live in

2480-1441: The most beautiful cities in the world in 2010. Florence plays an important role in Italian fashion , and is ranked in the top 15 fashion capitals of the world by Global Language Monitor ; furthermore, it is a major national economic centre, as well as a tourist and industrial hub. Firenze comes from Florentiae , locative form of Florentia , in turn a name conveying good luck, from Latin : florēre , lit.   'to blossom'.   Roman Republic , 59–27 BC   Roman Empire , 27 BC–AD 285   Western Roman Empire , 285–476   Kingdom of Odoacer , 476–493   Ostrogothic Kingdom , 493–553   Eastern Roman Empire , 553–568   Lombard Kingdom , 570–773   Carolingian Empire , 774–797   Regnum Italiae , 797–1001   March of Tuscany , 1002–1115 [REDACTED] Republic of Florence , 1115–1532 [REDACTED] Duchy of Florence , 1532–1569 [REDACTED] Grand Duchy of Tuscany , 1569–1801 [REDACTED] Kingdom of Etruria , 1801–1807 [REDACTED] First French Empire , 1807–1815 [REDACTED] Grand Duchy of Tuscany , 1815–1859 [REDACTED] United Provinces of Central Italy , 1859–1860 [REDACTED] Kingdom of Italy , 1861–1943 [REDACTED]   Italian Social Republic , 1943–1945 [REDACTED]   Italy , 1946–present Florence originated as

2542-529: The north, and within the fertile valley of the Arno , the settlement quickly became an important commercial centre and in AD 285 became the capital of the Tuscia region. In centuries to come, the city experienced turbulent alternate periods of Ostrogoth and Byzantine rule, during which the city was fought over, helping to cause the population to fall to as low as 1,000 people. Peace returned under Lombard rule in

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2604-426: The number of visitors had increased by 5.5% from the previous year. In 2013, Florence was listed as the second best world city by Condé Nast Traveler . Manufacturing and commerce remain highly important. Florence is Italy's 17th richest city in terms of average workers' earnings, with the figure being €23,265 (the overall city's income is €6,531,204,473), coming after Mantua , yet surpassing Bolzano . Florence

2666-644: The period of Spanish rule in Milan. While the House of Sforza has died out over the last century, it is closely related to the Castellini Baldissera family , who inherited a number of their palazzos and estates. Muzio Attendolo Sforza Muzio Attendolo Sforza (28 May 1369 – 4 January 1424) was an Italian condottiero . Founder of the Sforza dynasty , he led a Bolognese-Florentine army at

2728-476: The pope. He remained for the rest of his life in the Kingdom of Naples, after the king's death (1414), at the service of Queen Joanna II . However, he attracted the jealousy of Joan's favourite , Pandolfello Alopo , who had him arrested and imprisoned. However, when Sforza's troops intervened, Alopo freed him and Joan gave him the fiefdoms of Benevento and Manfredonia . On this occasion, Sforza married Caterina Alopo, Pandolfello's sister. A few months later Sforza

2790-508: The population belonging to the Archdiocese of Florence . As of 2016, an estimated 30,000 people, or 8% of the population, identified as Muslim. Foreign-born population (31.12.2019) Tourism is, by far, the most important of all industries and most of the Florentine economy relies on the money generated by international arrivals and students studying in the city. The value tourism to the city totalled some €2.5 billion in 2015 and

2852-462: The population was Italian. An estimated 6,000 Chinese live in the city. The largest immigrant group came from other European countries (mostly Romanians and Albanians ): 3.52%, East Asia (mostly Chinese and Filipino ): 2.17%, the Americas: 1.41%, and North Africa (mostly Moroccan ): 0.9%. Much like the rest of Italy most of the people in Florence are Roman Catholic , with more than 90% of

2914-550: The powerful Medici family and numerous religious and republican revolutions. From 1865 to 1871 the city served as the capital of the Kingdom of Italy . The Florentine dialect forms the base of standard Italian and it became the language of culture throughout Italy due to the prestige of the masterpieces by Dante Alighieri , Petrarch , Giovanni Boccaccio , Niccolò Machiavelli and Francesco Guicciardini . The city attracts millions of tourists each year, and UNESCO declared

2976-409: The present name) was significantly widened and a large triumphal arch was constructed at the west end. A museum recording the destruction stands nearby today. The country's second capital city was superseded by Rome six years later, after the withdrawal of the French troops allowed the capture of Rome . During World War II the city experienced a year-long German occupation (1943–1944) being part of

3038-522: The rural population around the city was probably close to 300,000. The Black Death of 1348 reduced it by over half, about 25,000 are said to have been supported by the city's wool industry: in 1345 Florence was the scene of an attempted strike by wool combers ( ciompi ), who in 1378 rose up in a brief revolt against oligarchic rule in the Revolt of the Ciompi . After their suppression, Florence came under

3100-591: The size of the French army at the gates of Pisa, he had to accept the humiliating conditions of the French king. These made the Florentines rebel, and they expelled Piero II. With his exile in 1494, the first period of Medici rule ended with the restoration of a republican government. During this period, the Dominican friar Girolamo Savonarola had become prior of the San Marco monastery in 1490. He

3162-481: The sway (1382–1434) of the Albizzi family, who became bitter rivals of the Medici. In the 15th century, Florence was among the largest cities in Europe, with a population of 60,000, and was considered rich and economically successful. Cosimo de' Medici was the first Medici family member to essentially control the city from behind the scenes. Although the city was technically a democracy of sorts, his power came from

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3224-418: The waters. Sforza had sixteen known children born from five marriages: In 1409, Sforza married firstly with Antonia (died 1411), widow of Francesco Casali, Lord of Cortona and daughter of Francesco Salimbeni, Patrician of Siena and Lord of Chiusi, Radicofani, Bagno Vignoni, Carsoli and Sarteano. They had: On 16 June 1413, Sforza married secondly with Caterina (also named Catella ; died 1418 in childbirth),

3286-496: Was a centre of medieval European trade and finance and one of the wealthiest cities of that era. It is considered by many academics to have been the birthplace of the Renaissance , becoming a major artistic, cultural, commercial, political, economic and financial center. During this time, Florence rose to a position of enormous influence in Italy, Europe, and beyond. Its turbulent political history includes periods of rule by

3348-403: Was again arrested after a quarrel with James of Bourbon . He was freed only in 1416, after James' fall from power, and Joan gave him back the title of Conestabile . In 1417 Sforza was sent by Joan to help the pope against Braccio da Montone , together with his son Francesco . Later he returned briefly to Naples, but here he was opposed by Giovanni (Sergianni) Caracciolo , Joan's new lover. In

3410-547: Was an accomplished poet and musician and brought composers and singers to Florence, including Alexander Agricola , Johannes Ghiselin , and Heinrich Isaac . By contemporary Florentines (and since), he was known as "Lorenzo the Magnificent" (Lorenzo il Magnifico). Following Lorenzo de' Medici's death in 1492, he was succeeded by his son Piero II . When the French king Charles VIII invaded northern Italy , Piero II chose to resist his army. But when he realised

3472-502: Was excommunicated. The Florentines, tired of his teachings, turned against him and arrested him. He was convicted as a heretic, hanged and burned on the Piazza della Signoria on 23 May 1498. His ashes were dispersed in the Arno river. Another Florentine of this period was Niccolò Machiavelli , whose prescriptions for Florence's regeneration under strong leadership have often been seen as

3534-449: Was famed for his penitential sermons, lambasting what he viewed as widespread immorality and attachment to material riches. He praised the exile of the Medici as the work of God, punishing them for their decadence. He seized the opportunity to carry through political reforms leading to a more democratic rule. But when Savonarola publicly accused Pope Alexander VI of corruption, he was banned from speaking in public. When he broke this ban, he

3596-525: Was named Grand Duke of Tuscany in 1569; in all Tuscany, only the Republic of Lucca (later a Duchy ) and the Principality of Piombino were independent from Florence. The extinction of the Medici dynasty and the accession in 1737 of Francis Stephen , duke of Lorraine and husband of Maria Theresa of Austria , led to Tuscany's temporary inclusion in the territories of the Austrian crown. It became

3658-518: Was named King of Florence). The Medici returned to power in Florence in 1530, with the armies of Holy Roman Emperor Charles V and the blessings of Pope Clement VII (Giulio de' Medici). Florence officially became a monarchy in 1531, when Emperor Charles and Pope Clement named Alessandro de' Medici as Duke of the Florentine Republic . The Medici's monarchy would last over two centuries. Alessandro's successor, Cosimo I de' Medici ,

3720-514: Was ordered to establish an overseas university campus for demobilised American service men and women in Florence. The first American university for service personnel was established in June 1945 at the School of Aeronautics. Some 7,500 soldier-students were to pass through the university during its four one-month sessions (see G. I. American Universities ). In November 1966, the Arno flooded parts of

3782-548: Was restored on the throne of Tuscany at the Congress of Vienna but finally deposed in 1859. Tuscany became a region of the Kingdom of Italy in 1861. Florence replaced Turin as Italy's capital in 1865 and, in an effort to modernise the city, the old market in the Piazza del Mercato Vecchio and many medieval houses were pulled down and replaced by a more formal street plan with newer houses. The Piazza (first renamed Piazza Vittorio Emanuele II , then Piazza della Repubblica ,

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3844-492: Was the Arno river , providing power and access for the industry (mainly textile industry), and access to the Mediterranean sea for international trade, helping the growth of an industrious merchant community. The Florentine merchant banking skills became recognised in Europe after they brought decisive financial innovation (e.g. bills of exchange , double-entry bookkeeping system ) to medieval fairs. This period also saw

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