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The 14th, 15th and part of 16th century was a glorious time for Europe, it was the reformation of many old ideas and the formation of many new, this was called the Renaissance. It was a time of fun and enjoying life, and it brought many changes to Europe. The economy rose as a result of all the new explorations. The flourishing economy helped to inspire new developments in art and literature, and new ways …

…wealth was gained from commerce, especially the import-export trade of goods from the East. The usage of banking and money-lending were developed. Banks spread rapidly throughout Europe from the thirteenth to the fifteenth centuries. Throughout time the Renaissance was revealed by historians as a change in the way people live. Its term means rebirth and that's exactly what it was. A rebirth of every aspect of living including the well known art of the time.