Final answer:
It was important to have good trade links with Burgundy due to its prosperous commercial centers, which facilitated economic growth and cultural development in Europe.
These links supported the Renaissance and helped in the development of modern financial systems and trade practices.
Step-by-step explanation:
Having good trade links with Burgundy was important because it was a region that flourished with rich industrial and banking cities, creating a substantial middle-class population.
The wealth generated through these trade networks and by the patronage of the Burgundian court fueled the growth of the arts and allowed for the commissioning of works that reflected the burgeoning Renaissance culture. Additionally, these trade networks were crucial in revitalizing trade routes, which was a key factor in the economic growth experienced in Europe after the 13th century.
This trade not only facilitated the exchange of luxuries such as spices, dyes, and silks, but also contributed to the development of commercial infrastructure with advancements like double-entry bookkeeping, joint stock companies, and international banking.
Through the alliance with the popes, rulers like the Carolingians maintained diplomatic connections and pursued territorial expansions that indirectly promoted trade.
Moreover, European states gained significantly from trading with the East during the 17th century, with trade monopolies contributing to the wealth of kings and fostering an early form of global capitalism.
Moreover, trade encouraged the use of stable currencies, like the Florentine gold florin, and the development of structured financial systems which were instrumental in the creation of modern economies.