(Gamma) Republic of Venice

Here is the source of my blogpost: http://socionicsdatabase.blogspot.co...of-venice.html

The Most Serene Republic of Venice was an Italian state that created foundational ideas of innovative advancement that prompted where current Venice is presently. It existed for around one thousand one hundred years, from the late seventh century until the late eighteenth century It was an essential monetary and exchanging power which was ruled by a pioneer called a Doge. The city was established by individuals from the more prominent Veneto area as an asylum from the Barbarian attacks, when the Roman Empire fell. Amid the Middle Ages, Venice gradually developed to be a vital business city. Around the year 1000 AD the Republic of Venice began to make a realm in the eastern Mediterranean Sea. It kept going until 1797, when it was added by Napoleon's France, it then changed hands a couple times, turning into a piece of Austria two unique times, before turning out to be a piece of Italy amid the Italian unification. Venice profoundly affected the Venetian, Istria and Dalmatian coasts for one thousand years. Venice began to lose populace after its success by Napoleon, however with the unification of Italy the city came back to be an essential city.

The Republic of Venice is a Gamma culture, they had a weak state and the Constitution of Venice created a complex system of government in which the people in charge of the city-state were limited. Essentially, the Republic of Venice was a mixed government model that had elements of a oligarchy, monarchy, and aristocracy; but was a democratic city-state in that it was economically driven by the majority, which was the wealthy upper-class. The purpose of this government in the Republic of Venice had a free market economy and it gave individual liberty to those who wanted to get wealthy have a chance to become wealthy. This was a purely trading civilization that invented the business developments of insurance and patent protection that were tecniques of trade that bolstered companies and methods of finance. It is very clear that the Republic of Venice emphasized individuality and economic freedom that gave the citizens an opportunity to get out of debt and become rich.

By the early fourteenth century, the Republic of Venice implemented practical and financial innovations that included the following. The appearance of limited liability joint stock companies, secondary markets for a wide variety of debt, equity and mortgage instruments, bankruptcy laws that distinguished illiquidity from insolvency, business education, deposit banking and a reliable medium of exchange that created the foundational idea of P+T pragmatic enrichment and a sense of individual destiny. Additionally, this was motivated by great ambition towards amassing wealth and power, along with building diplomatic relationships between nations through trade; which was a R+F approach to diplomacy by selecting specific individuals to trade with that would lead to generating the largest profit.

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(Gamma) Republic of Venice