Inventions Gifted to the World From Italy: The Reason Financial Institutions Began to Develop Within Europe During the 15th Century, the Country Which Created the First Financial Institution and the Etymology of “Bank”, Financial Systems Utilized During the Modern Day Which Were Developed Within Italy, the Concept Which Made the International Financial System Possible, Notable Artists Supported by the Medici Family During the 15th Century, One of the Most Fundamental Principles of the Renaissance (1300 A.D. – 1600), the Impact of Humanism Upon the European Public During the Renaissance, How Italian Sculptor Michelangelo di Lodovico Buonarroti Simoni (Michelangelo) Created a Novel Sculpture of Israeli King David (No Last Name), the Reason Simoni’s David Sculpture is Depicted Within Deep Thought, the Origin Location the Piano, Violin, and Opera, the Original Intent of Pizza Margarita and the Reason for the Colors of Pizza Margarita, the Reason Italian Financial Institutions Accept Wheels of Parmesan Cheese as Collateral During the Modern Day, the Ancient Roman Term for “Volcanic Ash”, the Benefit of Volcanic Ash Within Concrete, the Reason the Dome of the Pantheon Architecture in Rome, Italy is Capable of Freestanding Unassisted, the Reason Ancient Roman Architecture Has Remained Relatively Intact Despite Seismic Activity Within the Mediterranean Region Throughout History, the Majority of the World Residing Within Concrete Architecture During the Modern Day, the Concept of the “True Arch”, the Largest Architecture the Ancient Romans Constructed, the Reason the Anfiteatro Flavio (Flavian Amphitheater) (Colosseo) (Colleseum) Can be Rapidly Evacuated, the Technology Which Was the Zenith of Ancient Roman Engineering, the Period and Location Glass Blowing Developed, the Location Which Developed High Quality Clear Glass During the 15th Century, the Foreign Court Italian Explorer Marco Polo Became a Part of During the Late 13th Century A.D., the Treatment of Polo Post Returning to Europe, the Person Polo Remained Imprisoned With Post Being Captured by the Military of Genoa, Italy, the European Public’s Reception of the Livres des Merveilles du Monde (Books of the Wonders of the World) Publication, the World’s Oldest University Which Continues to Function During the Modern Day, the First Female to Receive a Doctorate Degree From the University of Padua, the Civilization Which Created the Concept of the “Book”, the Person Who Helped Develop the Induction Motor, the Reason Italian Physicist Galileo Ferraris is Relatively Unknown During the Modern Day, and Virtually Every Appliance of the Modern Day Utilizing Ferraris’ Technology

As civilization moved from the barter economy into the modern concept of finance, a central institution was required to exchange currencies, negotiate loans, and store finance. The Italians answered this call by creating the worlds first bank, with the term “bank” being derived from the Italian term “banca” (pronounced “bahn-kah”) which means “bench” as those employed by banks during the financial systems early formation would typically sit at a bench all day and count currency. The Italians hel...


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