What were the key elements and financial innovations that made Florence and Venice financial centres of the world?

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asked Oct 21, 2016 142k views

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Theon · Answer 1 · 2016-10-25T07:16:10+0000

There were many key elements and financial innovations that made Florence and Venice financial centres of the world, but one of the most important was the banking system that issues credit and charged interest.

What were the key elements and financial innovations that made Florence and Venice financial centres of the world?

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