economic status of venice in the 16th century

economic status of venice in the 16th century

Ottoman Empire and the Venetian Republic Venice Venice was the most successful of the North Italian city states in creating and maintaining a republic dominated by a merchant capitalist elite. Economic history of Venice - Wikipedia A good deal of the difference between mens and womens legal status derived from the patrilineal system of descent and succession. There also emerged a school of sculpture in the city that interpreted the classical tradition in a poetic and sensitive style. Venice was essential in this remarkable era as its trade networks helped to create the wealth that laid the foundations for the cultural flourishing. Venetian life had crystallized inescapably. Deeply mired in the Investiture Controversy he allowed Venetians to trade in his whole realm, but his subjects were not allowed to extend their trading activities over Venice. The finest products are of exquisite quality, but most of the present-day glass goods are trinkets for the tourist trade. They then sold or supplied salt and other goods to cities in the Po Valley - Piacenza, Parma, Reggio, Bologna, among others - in exchange for salami, prosciutto, cheese, soft wheat, and other goods. [16] The Venetian state then resold the salt at a profit - a form of Salt tax - to markets throughout Italy, Dalmatia, Slovenia, and the Stato da mar. The Serene Republic and its fleet of trading ships allowed Italian states to export their wares and products. By the mid-sixteenth, the Portuguese effectively excluded the Venetians from this trade. The celebrated practice of courtesanship supplied the island-republic with an exotic flare that set Venice apart from many other European cities. By 1500 the population in most areas of Europe was increasing after two centuries of decline or stagnation. Greek and Etrurian traces reveal much earlier settlements than expected. A married, and thus dowered, daughter or a man who died intestate had no further claim on his estate. The future will always be different from the past. It was very democratic for the time and its institutions and laws were by contemporary standards very equitable. Crediting became a way to bridge the ubiquitous lack of noble metals, and at the same time, to accelerate goods turnover, were it with the help of a simple bank transfer, were it with the aid of a bill of exchange. The patriarchal oligarchy governing Venice denied any political rights to women, and instead relegated them to the private confines of their homes and neighborhoods. The Rialto Bridge and surrounding streets remain crowded with market stalls. Moreover, the demands of long-distance trade meant that the Venetians had to develop sophisticated financial instruments and progressive business regulations. The presence of printers was not only important economically but also culturally. Much more difficult was the relation to Istria and even more Dalmatia, where the Narentani, pirates of the Dalmatian coast resisted until 1000, when doge Pietro II Orseolo conquered the northern and central part of the region.

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economic status of venice in the 16th century