Paper Topic:
Global Financial Management
Dati , it appears that Dati shows a clear example of what the new free ' merchant society was able to give to its citizenry . It is clear that there were many economic opportunities in Florence in the late 14th century , and these opportunities gave way to changes in economic and political structure which not only had a significant effect on the city 's current demographic and economic circumstances , but would eventually lead to new ways of thinking and organizing society (Cited in Reflecting Economic Circumstance in Florence from Pitti and Dati Gregorio
Dati was appointed Standard Bearer of Justice , the highest position in Florence . One must understand that the European Guilds consist of the highly influential persons in the community and have great importance in major dynamics at that time . Dati is a member of the said organization . The guilds and Florence 's economic system had an effect in the city 's processes . It had reliance on trade yet this helped the people develop . The merchant economy allowed new people to participate during the hard economic times . The development brought by the Guilds changed Florence into a dynamic society with residents who have turned analytical and independent . Prosperity thus was achieved but alongside this development is an opportunity to question the status quo . St . Francis being a townsman himself has performed his merchant roles as well although limited to his early years as he devoted himself to his religious calling . He has been a part of this enlargement of followers and believers of the Church which preserved for a time
Europe 's economy and population expanded as so did towns and cities which became centers of commerce , religion and education . This provided resources for Christian Crusades and finance overseas voyages and colonial explorations (Bale , 2005 . This colonial expedition is the root...
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