Economic Development: Trade, Exploration, Prosperity And Depression Flashcards
Where was the economy at in 80s and 90s + why (2)
Greater move towards sheep farming
Increased demand for wool as pop grew and overseas trad increased
What’s mixed farming (2)
System of farming
Involves growing crops + raising animals as livestock
What is pastoral farming (2)
Involves the rearing of animals
For animal by products - milk
What were common rights (2)
Denotes the legal rights of tenants to use common land
E.G = for keeping animals
What farming where (3)
Mixed = most common = lowland
Pastoral = woodland
Open field husbandry = southeast + East Midlands
What is open field husbandry (2)
From of landholding
Tenants farmed strips of land in open field with common rights
Cloth trade facts (3)
90% of value of English exports
Flourished in last quarter of 1400s
Jack lander = estimated increase 60% in volume of cloth exports in H7 reign
What industry created employment and what (2)
Fulling and dyeing of wool = opportunities of rural employment which supplemented Agrarian incomes
Cloth towns (3)
Lavenham in Suffolk
Lewes in Sussex
Very prosperous
Why some historic cities worse of with increased cloth trade (3)
Winchester and Lincoln
Cloth industry tended to move from older corporate boroughs to new manufacturing centres
These would be in smaller towns and villages = East Anglia + West riding of Yorkshire
What important company helped export wool
Merchants of the staple
Merchant adventurers (3)
Wealthiest and most influential company in London
Trading organisation = dominate cloth trade with Antwerp
Founded in 1407
What was hanseatic league (4)
Group of free cities
Formed a commercial union
Intention to control trade in Baltic Sea
Dominated commercial activity in north Europe
Why couldn’t England experience complete domination of trade
The privileges enjoyed by hanseatic league
When was the blast furnace created
1496
