Economic Development - Trade And Industry Etc

Question 1

At the end of the 15th century, how much of the English exports did cloth amount to?

Answer 1

90%

Question 2

What were the navigation acts of 1485 and 1489?

Answer 2

Ruled that only English ships could carry certain products to and from English ports. They were designed to boost English shipbuilding industry.

Question 3

What was the economy like overall in 15th century?

Answer 3

A tome of relative economic stability with signs of growing prosperity, particularly in more developed areas

Question 4

What did the Intercursus Magnus of 1496 between H and Philip IV (which ended embargo with Netherlands) state to do with trade?

Answer 4

• English merchants could export to any part of burgundy except Flanders
• merchants would be granted swift and fair justice
• more trade w foreign powers

Question 5

What did John Cabot do in 1497?

Answer 5

Went on search of new fishing grounds - searched unknown parts of the world