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What economic change occurred during the Renaissance? How did this change contribute to the fact bankers became wealthy?

User Andrew Luo
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Final answer:

During the Renaissance, the rise of the merchant class and increase in trade contributed to bankers becoming wealthy.

Step-by-step explanation:

During the Renaissance, one economic change that occurred was the rise of the merchant class and the increase in trade. This change contributed to the fact that bankers became wealthy because they played a crucial role in the financial transactions of the merchants. As trade expanded and became more complex, bankers provided loans, facilitated international payments, and offered other financial services to merchants. Their expertise and connections allowed them to accumulate wealth.

User Ramachandran
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