How did Venice's location affect the types of businesses that developed there?

Venice's unique location on a lagoon made it a crucial maritime hub, facilitating trade between Europe and the East. Its canals served as natural highways, encouraging the development of shipping, fishing, and shipbuilding industries. The city's accessibility also fostered a vibrant market for luxury goods and crafts, as merchants capitalized on the influx of wealth from trade. Additionally, the need for navigation and infrastructure led to specialized businesses in boat construction and maintenance.