Economic Policy + Social Issues Flashcards

1
Q

Summarise the economic situation under Somerset

A

BAD

  • Low crown finances
  • High inflation (due to frequent debasement)
  • Debt (e.g. £100,000 to Antwerp)
  • Unemployment (due to population rise of 1% per yr)
  • Agricultural issues (poor harvests + enclosure)
  • Somerset’s actions did little to help
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2
Q

Summarise the social situation under Somerset

A

BAD (POPULAR DISCONTENT)

- Triggered by the economic situation/Somerset’s unsuccessful policy attempts to improve it + religious situation

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3
Q

What were some actions Somerset took to try to improve the bad socio-economic situation?

A
  • Vagrancy Act (1547)

- Anti-enclosure actions: enclosure commissioners + sheep tax (1549)

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4
Q

What was the Vagrancy Act?

A

Any able-bodied person out of work for over 3 days branded with ‘V’ + sold into slavery for 2 yrs
(Hoped to reduce vagrants, increasing economic output)

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5
Q

What was enclosure?

A

Common land closed off

  • Peasants had less land to work (harder to survive)
  • Hales (writer who influenced Somerset) said it was the root cause of socio-economic problems
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6
Q

What were enclosure commissioners?

A

One of the anti-enclosure actions taken by Somerset

People who controlled the selection of land for enclosure - hoped to control and reduce the enclosure problem

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7
Q

What was Sheep Tax (1549)?

A

One of the anti-enclosure actions taken by Somerset

Tax on sheep

Hoped to reduce land conversion from arable -> pasture (part of enclosure)

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8
Q

We’re Somerset’s socio-economic policies successful?

A

NO

  • Vagrancy Act (1547): seen as harsh so greatly disliked + never fully implemented
  • Enclosure commissioners: achieved little + annoyed landowners
  • Sheep Tax (1549): widely opposed, made peasants poorer
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9
Q

Outline the socio-economic situation left for Northumberland

A

BAD

  • Actions of improvement were unsuccessful
  • Somerset had continued expensive wars with S + F (over £1 mill)
  • Continued coin debasement + inflation
  • Still had debts
  • Still had high unemployment
  • Poor harvest of 1548 amplified inflation + agricultural issues
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10
Q

What were the two main outcomes of the poor socio-economic situation under Somerset?

A
  • Western Rebellion

- Kett’s Rebellion

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11
Q

When + where was the Western Rebellion?

A

June-Aug 1549

Devon + Cornwall

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12
Q

When + where was Kett’s Rebellion?

A

July-Aug 1549

Norfolk

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13
Q

What caused the Western Rebellion?

A

RELIGION

  • Rebels objected to the Book of Common Prayer (Jan 1549 - Cranmer - written in English - Catholic/Protestant compromise)
  • Rebels wanted to restore Catholicism + Church’s traditional societal role

SOCIO-ECONOMIC
- Rebels were mainly peasant labourers who objected to the Sheep Tax (March 1549 - tax made it hard to afford to live)

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14
Q

What caused Kett’s Rebellion?

A

SOCIO-ECONOMIC

  • Landowners had enclosed/were denying peasants access to the Norfolk Foldcourse (not enough grazing land - peasants poor)
  • Frustration about poor local administration by the Howards
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15
Q

How do we know that Kett’s Rebellion was caused by religious grievances?

A

Rebels were holding services using Cranmer’s new 1549 Book of Common Prayer

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16
Q

Briefly outline what happened during the Western Rebellion

A

6th June - Cornish rebel camp formed
20th June - Cornish + Devonshire rebel groups joined
2nd July - Clyst rebels besiege Exeter
28th July - Lord Russel sent by Somerset to suppress rebellion
17th August - Last rebels defeated at Sampford Courtenay

17
Q

How was the Western Rebellion suppressed?

A

Somerset sent Lord Russel (West Country nobleman) with mercenaries to suppress rebels

18
Q

Briefly outline what happened in Kett’s Rebellion

A

8th July - Kett leads peasants in tearing down enclosure hedges in East Anglia
9th July - Rebels head for Norwich
22nd July - Rebels seize control of Norwich
1st Aug - Dudley fails to recapture Norwich
27th Aug - Dudley defeats rebels + Kett hanged for treason

19
Q

How was Kett’s rebellion suppressed?

A

Somerset sent Dudley, Earl of Warwick (future Duke of Northumberland) + an army to suppress rebels

20
Q

What did Northumberland do to try and stop rebellion during his period of power?

A

Tried to improve the socio-economic situation

Regionally installed Lord Lieutenants + retainers of trusted nobles

21
Q

Summarise the economic situation under Northumberland

A
  • Inherited a very bad, virtually bankrupt economy
  • Drastically improved the economic situation through his actions
  • Main focus: repealing unsuccessful actions, ending debasement, reducing war expenditure, relieving debt
22
Q

Summarise the social situation under Northumberland

A
  • Inherited an unhappy society
  • Drastically improved the social situation, by improving economy
  • Some remained unhappy due to religious change but there was less discontent overall
23
Q

Who helped Northumberland to stabilise the socio-economic situation?

A

Sir William Cecil

Secretary of State - put in charge of financial planning

24
Q

Were there any rebellions under Northumberland?

25
What does general public opinion seem to have been under Edward VI + his two councillors?
Under Somerset: Negative (despite nickname ‘Good Duke’)- rebellions exemplify this Under Northumberland: Positive (despite nickname ‘Bad Duke’) - no rebellions
26
What is the one action that could potentially be seen as a rebellion by Northumberland?
His ‘coup’ at end of reign by supporting Lady Jane Grey illegally
27
What actions did Northumberland take to improve the socio-economic situation?
Repealed Somerset’s unsuccessful actions (1550) - Anti-enclosure (removed commissioners + sheep tax) - Vagrancy Act Ended debasement (May 1551) Reduced war expenditure - Stopped wars with Scotland + France - Gained £133,333 for Boulogne Reduced debts - Continued to sell Crown land + chantry land - Paid back the Antwerp debt in 2yrs Installed a ‘privy coffer’ - Emergency fund for the Royal Household - Would hopefully prevent them taking loans in desperate times
28
Define debasement
Reducing the amount of precious metals in coins (seized by Crown), to replace with cheaper base metals
29
What did debasement do?
- Gain income for the Crown (from the resale of precious metals) - Cause inflation in society (coins not worth as much)
30
What happened in Henry VIII’s ‘Great Debasement’?
- Henry VIII oversaw mass coin debasement - Silver in coins reduced from 93% -> 25% - Cause huge inflation