usury -Church prohibited charging interest on loans, considering it a sin
transubstantiation -when the bread and wine are transformed into the body and blood or christ
joint-stock company- multiple investors pool their resources to fund ventures
limited liability -Being held responsible for only the limited amount you invest
purgatory -Could be forgiven of your sins
liberal arts- truth has depth and things that are important though may not be seen with the human eye
set people free
excommunication -officially excluding someone from participation in the sacraments and services in a christian church
interdict- a sentence barring a person, or a place, from ecclesiastical functions and privileges
multiple- for most events, the cause of them is ________
what are the "big three" factors that historians consider in any time frame?
Class
Gender
Race/ethnicity
what was the life expectancy in medieval Europe? 35
how much of the population died before age 15? in agriculture? 50%
what was the ratio of women who died in childbirth? 1:3
what was the average life expectancy in 1300? 35
what caused the great famine?
Cold summer and floods. This signaled the "little ice age"
how did life expectancy vary in the 14th century? (1300s) 23 years old
how did the plague affect life expectancy?
reduced life expectancy to 17
what were the economic changes of the Renaissance?
Growth in towns and cities led to an increase in spices and created exploration. Needed more money in pockets. Growth of banking which was hindered previously by Catholic church charging interest to fellow Christians.
what changed in banking during the Renaissance?
joint stock company and limited liability
Dutch East Indies Company (VOC) What was the first joint-stock company?
Dutch East Indies Company (VOC)
Double entry bookkeeping-Bills of exchange
What banking innovations were created by the Medici?
Book Transfers
Name two banking families
Medici and Fugers
Who were the Medici?
Middle class family that lived during the Italian Renaissance
what helped the Medici rise to influence?
Through banking with a great amount of wealth and power, like that of nobles
How did Cosimo di Medici affect the founding of the Renaissance?
was a banking innovator, as he created, double bookkeeping, Bill of Exchange, and book transfer systems that we will use today. started a revolution in the banking world as the Medici banks went up all over Europe and created competition, which led him to a great amount of wealth. He becomes a great patron of the arts and sponsors
artistic innovations-international diplomacy
How did the later Medici influence the Renaissance?
patronage
what type of political role did Cosimo and Lorenzo the Magnificent use?
Strong prince at the center of court, changes in diplomacy and immunity of ambassadors, creation of the first balance of power
Renaissance princes, popes, nobles, dukes, queens, God's bankers what titled positions did the Medici eventually occupy in Europe?
when Constantinople fell to the Turks, Greek scholars fled, and brought with them an understanding of Greek, which helped in translating old manuscripts How did Constantinople influence the Renaissance?
rebirth What does "Renaissance" mean?
3 How many renaissances were there prior to the Italian Renaissance?
geographic advantage of the peninsula, prosperous trading crossroads, stable economy and population, Italian heritage, independent cities why did the renaissance begin in italy?
florence which city was the leading city of italy culturally? financially?
Urban
Present-Minded
Focused on self-awareness
Revival of Classic Texts
Humanism and creation of secular division
Vernacular writing
New political concepts and forces
Economic innovation what were the characteristics of the italian renaissance?
history, poetry, geography, and language what subjects were added to the curriculum in the renaissance?
He wrote about his Ascent of Mt
Updated 149d ago