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Tudors: Henry VII Domestic policy > C6: Finances > Flashcards

C6: Finances Flashcards

1
Q

When was the act of resumption

A

1486

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2
Q

What happened in 1486?

A

Act of Resumption

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3
Q

What was the impact of the act of resumption

A

Allowed Henry to greatly increase crown lands, 5 times larger by the end of Henry’s reign than in the 1450s

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4
Q

What allowed Henry to make crown lands 5 times larger in comparison to in the 1450s

A

1486, act of resumption

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5
Q

How much were crown lands worth a year under Edward IV?

A

£15,000

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6
Q

Under which king were crown lands worth £15,000 a year?

A

Edward IV

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7
Q

How much did crown lands cost under Henry a year?

A

£3,000 a year in the early part of his reign

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8
Q

What did the act of Parliament in 1495 agree?

A

Gave Henry all the land that had belonged to Richard III

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9
Q

When did Henry get all the land that was owned by Richard III

A

Act of Parliament in 1495

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10
Q

How many were attained during the reign of Henry

A

183

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11
Q

How many of those who were attained were reversed?

A

46

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12
Q

In what year were feudal obligations made under £350 per year

A

1487

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13
Q

In 1487, how much were feudal obligations per year?

A

£350

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14
Q

In what year were feudal obligations worth £1,500

A

1494

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15
Q

In 1494, how much were feudal obligations per year?

A

£1,500

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16
Q

In what year were feudal obligations worth £6,000

A

1507

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17
Q

In 1507, how much were feudal obligations per year?

A

Over £6,000

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18
Q

In what year did Robert Willoughby De Broke pay £400 for his livery of lands (recovery from ward ship)

A

1502

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19
Q

In 1502, who payed £400 for his livery of lands (recovery from ward ship)

A

Robert Willoughby de Broke

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20
Q

In 1502 how much did Robert Willoughby De Broke pay for his livery of lands (recovery from ward ship)

A

£400

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21
Q

When did the friends of Marquis of Dorset sign bonds totalling £10,000 as a promise of good behaviour?

A

1491

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22
Q

How much did the the Friends of the Marquis of Dorset pay for signing a bond to maintain good behaviour in 1491

A

£10,000

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23
Q

Who in 1491, signed a bond of £10,000 to maintain good behaviour

A

Friends of the Marquis of Dorset

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24
Q

How much were custom duties with during the reign of Edward IV

A

£70,000

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25
Q

During what king were custom duties worth £70,000

A

Edward IV

26
Q

How much were custom duties under Henry VI

A

£30,000

27
Q

Under which king were custom duties worth £30,000

A

Henry VI

28
Q

Why were custom duties reduced under Henry VI

A

Decline in wool exports

29
Q

How much were custom duties under Henry?

A

£40,000

30
Q

When was the book of rates made?

A

1507

31
Q

What was made in 1507

A

Book of rates

32
Q

What did the book of rates take into account

A

Inflation

33
Q

What took into account inflation

A

1507: book of rates

34
Q

When were parliamentary grants allowed

A

Allowed by Parliament when national interest was at threat

35
Q

What would be allowed by Parliament when national interests was in threat?

A

Parliamentary grant

36
Q

When were parliamentary grants requested

A

1487 (battle of stokes)
1489 (French war)
1496 (Against the costs and Warbecks)

37
Q

What happened in 1487, 1489, 1496?

A

Parliamentary grants requested

38
Q

How much were parliamentary grants usually?

A

£30,000

39
Q

How much were the loans that Henry received?

A

£203,000

40
Q

How did Henry get £203,000?

A

Loans

41
Q

Did Henry pay back the loan of £203,000

A

Appears so

42
Q

What happened in 1491

A

Henry got a benevolence (forced loan) of £48,500 to take his army to France

43
Q

In what year did Henry got a benevolence (forced loan) of £48,500 to take his army to France

A

1491

44
Q

What happened in 1489?

A

Convocations (Archdioceses of Canterbury and York) voted £25,000 towards the cost of the French war

45
Q

What was a benevolence

A

Forced loan

46
Q

In what year did Convocations (Archdioceses of Canterbury and York) voted £25,000 towards the cost of the French war

A

1489

47
Q

How much did Henry make from vacant Bishoprics?

A

£6,000 a year

48
Q

How did Henry make £6,000 a year

A

Vacant Bishoprics

49
Q

What was a vacant bishopric

A

Bishop died so Henry looked after land and took the money

50
Q

When was Prince Arthur knighted

A

1504

51
Q

What happened in 1504?

A

Knighting of Prince Arthur

52
Q

How much was levied from nobles for the knighting of Prince Arthur?

A

£30,000

53
Q

Why did Henry levie £30,000 from nobles?

A

Knighting of Prince Arthur

54
Q

Who was on the council learned in law?

A

Empson and Dudley

55
Q

What were Empson and Dudley in

A

Council learned in law

56
Q

What did the council learned in the law do

A

Used old laws to extort money from nobles which caused great anger

57
Q

Who accused Thomas Sunif of murdering a child?

A

Dudley

58
Q

Who was accused of murdering a child?

A

Thomas Sunif

59
Q

What was the impact of accusing Thomas Sunif of murdering a child?

A

Broke a bond

60
Q

What was the charge for Thomas Sunif accusation

A

£500

61
Q

What happened to Sunif after refusing to pay the £500 fine?

A

Went to prison, rigged jury, found guilty of a crime he didn’t commit so he had to pay

Tudors: Henry VII Domestic policy (7 decks)

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