House of Medici
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High Quality Content by WIKIPEDIA articles! The House of Medici was a political dynasty, banking family and later royal house who first began to gather prominence under Cosimo de' Medici in the Republic of Florence during the late 14th century. The family originated in the Mugello region of the Tuscan countryside, gradually rising until they were able to found the Medici Bank. The bank was the largest in Europe during the 15th century, seeing the Medici gain political power in Florence though officially they remained simply citizens, rather than monarchs. The Medici produced 4 Popes of the…mehr

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High Quality Content by WIKIPEDIA articles! The House of Medici was a political dynasty, banking family and later royal house who first began to gather prominence under Cosimo de' Medici in the Republic of Florence during the late 14th century. The family originated in the Mugello region of the Tuscan countryside, gradually rising until they were able to found the Medici Bank. The bank was the largest in Europe during the 15th century, seeing the Medici gain political power in Florence though officially they remained simply citizens, rather than monarchs. The Medici produced 4 Popes of the Catholic Church and in 1531 the family became hereditary Dukes of Florence. In 1569, the duchy was elevated to a grand duchy after territorial expansion. They ruled the Grand Duchy of Tuscany from its inception until 1737, with the death of Gian Gastone de' Medici. The grand duchy witnessed degrees of economic growth under the earlier grand dukes, however, by the time of Cosimo III de' Medici, Tuscany was both morally and fiscally bankrupt. Their wealth and influence initially derived from the textile trade guided by the guild of the Arte della Lana. Like other signore families they dominated their city's government.