意大利城邦
Modern capitalism originated in the Italian city-states around the end of the first millennium. The city-states were prosperous cities that were independent from feudal lords. They were largely republics whose governments were typically composed of merchants, manufacturers, members of guilds, bankers and financiers. The Italian city-states built a network of branch banks in leading western European cities and introduced double entry bookkeeping. Italian commerce was supported by schools that taught numeracy in financial calculations through abacus schools.