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How Did Florentine Authorities Pay for the Large Public Debt

Question 16

Multiple Choice

How did Florentine authorities pay for the large public debt caused by the war with Milan in the 1420s?


A) They invaded Sicily and seized its treasury.
B) They began dealing in the slave trade to increase profits.
C) They took out an enormous loan from the papacy.
D) They devised the catasto, a wealth tax based on a census of the city's population.
E) The treaty with Milan included a reparations clause that compelled Milan to pay for damages.

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