Economy and Society Flashcards
What happened in 1555 and 1556 which caused harvest failures?
Heavy rain - it caused massive price rises and widespread famine
What happened in 1556-8?
Typhus epidemics followed by a flu epidemic which killed 1 in 10 people
How much did the population fall by between 1556-61?
5%
How much had purchasing power fallen?
By 1559, purchasing power of a agricultural worker’s wage had dropped by 59% of what it had been 50 years prior
How did Mary respond to the social issues?
Act in 1555 to stop enclosures
Encouraged larger towns to stockpile food and organise poor relief
5 free London hospitals set up
How did Mary support the economy in 1555-7?
Weavers’ Act
Woollen Cloth Act
Retail Traders’ Act
These raised incentives for the unemployed to work and for industries to increase production