Economic development

Question 1

Population

Answer 1

• Around 2.2 million with the majority of people relying on farming for a living
• 10% lived in urban areas, but these were small by comparison
• Wool and Cloth were main industries in urban areas

Question 2

Trade and Industry

Answer 2

Cloth trade:

• 90% of English exports
• An increasing proportion of cloth was being exported from London through the Merchant Adventurers - asserted London’s commercial dominance

Question 3

Early English exploration

Answer 3

John Cabot discovered Newfoundland in 1497, however, a year later he died at sea

Question 4

Was there any change?

Answer 4

Was a period of economic stability and there was little change between Henry VII and Edward VI