Economic Development Flashcards

1
Q

What was the population of England at the beginning of the 15th Century?

A

2.2 million

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2
Q

How much of the English population were urban dwellers?

A

10%

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3
Q

Where did urban dwellers live?

A

Towns

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4
Q

What was the population of London?

A

50,000

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5
Q

Which provincial town had a population exceeding 10,000?

A

Norwich

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6
Q

Which 3 provincial towns had a population between 8,000 and 10,000 people?

A

Bristol, York and Coventry

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7
Q

Why did sheep farming become more profitable than crop farming in the 1480s and 1490s? (3 reasons)

A
  • Increased demand for wool
  • Population growth
  • Trade overseas developed
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8
Q

What was the most common form of farming in the lowland zone?

A

Mixed farming

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9
Q

Where did pastoral farming dominate?

A

Woodland areas

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10
Q

What was open-field husbandry and where did it mostly take place?

A

Tenants farmed strips of land in open fields in the lowland areas

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11
Q

What was the consequence of improved production and profitability on peasants?

A

Lost their access to land and common rights (legal right of tenants to use common land), left destitute.

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12
Q

What percentage of English exports was the cloth trade responsible for?

A

90%

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13
Q

Which organisation was responsible for the trade exports of clothing the earlier part of the century?

A

Merchants of the Staple

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14
Q

How did finished cloth dominating the market increase job opportunities?

A

Industry offered popular for rural employment

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15
Q

Where was the cloth industry prosperous?

A

West Riding of Yorkshire, East Anglia, parts of West Country

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16
Q

Which organisation exported the increasing amount of finished cloth?

A

The Merchant Adventurers

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17
Q

Where was the commercial axis in England for exports?

18
Q

Why could the Merchant Adventurers not dominate trade completely?

A

The trading privileges that the Hanseatic League had that were reasserted in 1474 and again in 1504

19
Q

Where was tin mined?

20
Q

What was mined in upland areas?

21
Q

What was mined in Durham and Northumberland?

22
Q

Which countries did England have a small export trade for coal made with?

A

Germany and the Netherlands

23
Q

Where was iron mined and smelted?

A

The Weald of Sussex and Kent

24
Q

What was developed in 1486 that enabled greater production?

A

Basic pumping technology

25
What was Henry interested in with his use of trade laws and treaties?
Customs revenue
26
What was the biggest issue concerning trade for Henry?
His trade embargo with the Netherlands in 1493
27
Which trade treaty ended the trade embargo with Netherlands in 1496?
Intercursus Magnus
28
When did Henry panic about trade again and reimpose the embargo due to the claim of Earl of Suffolk?
1503
29
What ended the trade embargo with the Netherlands in 1506?
Intercursus Malus
30
When were trading restrictions removed?
1486
31
When were most of the trading restrictions removed after the Treaty of Etaples in 1492?
1497
32
What were 2 weaknesses in trading policy?
- Mediterranean trade being a failure | - Hanseatic League limited trading interests in the Baltic
33
What was the objective of the Navigation Acts of 1485 and 1489?
Encouraging English shipping by trying to ensure that only English ships could hold specific products to and from English ports.
34
How useful were the Navigation Acts of 1485 and 1489?
Not very useful as foreign ships still transported products to their countries
35
In which year did John Cabot arrive in Bristol?
1494 or 1495
36
When did Cabot start to sail?
1497
37
What did Cabot find?
Newfoundland and extensive fishing grounds
38
Who may have set foot on American mainland in 1499 or 1500?
William Weston
39
Who unsuccessfully attempted to find the ‘north-west passage’ to Asia in 1508?
John Cabot’s son, Sebastian
40
In which decade was there a decline in export price of wool, grain and animal products?
1490s
41
Prices and wages remained steady throughout his reign. True or false.
True.