. According to Frayn Florence was one of the main sources of the renaissance (9). The city was armed with wealth that was created by a strong trade of Wool and an efficient banking system. In essence, Wool industry in Florence Italy was known to uplift many banking institutions for many years in Italy for many decades. The investment made on the textile industry specifically from wool carried over 10% of the industry. Beyond any doubt if similar to Weber or Sombart, one wishes to describe the period as a sort of financial structure, in correlation with the kind displayed ...
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