Economic developments and failures Flashcards
1
Q
What did continued war with Scotland cause?
A
Coin debasing
2
Q
What did Somerset introduce to fund war?
A
- further taxation
- sold lands to fund war
3
Q
What enforced pressures in 1548?
A
Poor harvests
4
Q
How did Somerset aggravate land owners?
A
- set up a commission to help with enclosure
- taxes on sheep (more damaging to small farmers)
5
Q
What did Northumberland do in the midst of the economic pressures?
A
Sold Boulogne back to France but for a way undervalued price