Economic development

Question 1

How was trade increased and disrupted (sen)

Answer 1

• Wool exports increased by 100%
• Key trading partner Ned
• England was damaged by Spanish trade embargo in 1520s
• Only 70% of exports handled by British merchants

Question 2

Exploration under Henry VIII

Answer 2

• Henry VIII not interested

- At the time Spain and Portugal were building large empires in Americas

Question 3

Prosperity and depression during Henry VIII reign

Answer 3

• Poor harvests 1520-21 and 1527-29
• Debasement of currency 1540’s led to inflation
• Massively rising population
• Efforts made to stop enclosure
• 1530s Act against Vagrancy was effort by Cromwell to aid social issues - punished idle vagrants but helped those who were incapable