During the medieval period, arts and education were funded by the church, but during the renaissance they were mostly funded by?

Hm, well due to the fact that the answer choices are not given, I will just have to assume a stand-point and hope I am correct.

Now, I believe that the correct answer here is wealthy merchants, and here is why:

During the Renaissance, and new system was developed. This system was called patronage.

Patronage is a system where the wealthy and/or the semi-wealthy independent citizens, who usually employed as bankers, merchants, or tradesmen, supported the arts by offering financial backing to talented artists and musicians. The rise of the merchant class transformed the social structure of Italy from a feudal system to a trade-based economy.

In the feudal system, Art and education were sponsored by the Catholic Church.With the break from religious sponsorship came freedom to investigate artistic expression and educational studies from new perspectives.