Economic Prosperity Flashcards
Land trends??
Selling church land E4 + H8 fire selling
Economic Stability under Liz aided econmic confidence led to building boom
Was unprecedented
Urbanisation??
Fate of old cities in balance - ones dependent on one trade ( cloth ) suffered those who adapted survived
York - less dependent
Winchester - more dependent
New manufacturing towns - manchester, plymouth
Supplying London become profitbale - Newcastle
What were like under Liz??
9 of 44 of harvests were bad and 1594 -1597 4 successive
In 1596 real wages were half of what they were 8 years ago
Labourers in Hertfordshire inventory suggests good were 3 times more valuable than in northen england
What were her economic policies??
Passed legislation - Statute of Artificers but quickly redundant
Main focus: keep public order (not economic efficiency) - relevant with harvest/subsistence crisis in 1590’s
Closer relations between landed nobles and merchants of London - laid foundation for economic expansion (joint stock companies)