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Chapter 12

AB
VeniceOligarchy of 150 families,inherited group of rulers, elect one leaderWas surprisingly stable, united, eliminate dissidents, secret decisions within a group Built ships, employ 5% of the population, (one company) VERY large industry Traded spices
FlorenceBecomes center of banking as Medici family makes loans to kings, pope after religious restrictions on banking are lifted Began to produce luxury goods, leather, and silk, have the most stable currency No political stability until 1435 Medici regulate city council seats, give to friends favor lower middle class, thus avoid revolts
Papal StatesControlled by the Pope, he is the spiritual and secular ruler of Rome and the surrounding areas, land is defended by the Holy Roman Emperor.
Dutchy of MilanRuled by the Sforza family, it was major enemy of Venice and Florence until the Peace of Lodi, was one of the more modern city-states with an efficient tax collection system and foreign policy based on a balance of power principle.
NaplesAlso part of the Kingdom of Two Sicilies, was the only city-state to officially have a king, controlled by France, then by Spain
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