Elizabeth Finance

Question 1

Debt

Answer 1

227000

Question 2

Owed debt to

Answer 2

50% Antwerp exchange , 14% per annum

Question 3

Clear debt by

Answer 3

1576
1584 - 3000000 surplus

Question 4

Bishoprics left open

Answer 4

Ely 19 - bishop 41 of 45

Question 5

Book of rates

Answer 5

£29 to 89 k
Only increases to 91k over the next 39 years

Question 6

Crown lands tax

Answer 6

81 to 110000- fears rebellion

Question 7

Reucsancy fine

Answer 7

1581- 20 — over 3000 today

Question 8

Inflation

Answer 8

141% higher then 1500

Question 9

Population

Answer 9

3- 4.1 million // 20% under 5
high dependency ratio

Question 10

Debasement 1947

Answer 10

97-25% silver

Question 11

Re coinage

Answer 11

1560
100% silver
Not seen as legitimate

Question 12

Price caps

Answer 12

On french wine in 1560
-no impact

Question 13

Statue of artificers

Answer 13

April 10th 1563
Forces fish to help local business
Protestants oppose

Question 14

Book of order

Answer 14

1586 - clergy must preach against horading grain

Question 15

Trade Antwerp

Answer 15

81.6% is wool owed to anterp
1863-5 tensions
1868-1875 - embragod

Question 16

Muscovy company

Answer 16

1569
Ivan taxes heavily

Question 17

Eastlend company

Answer 17

1597 - Scandi / Baltics
Helps ports eg) hull

Question 18

Hawkins

Answer 18

1563 - Sells 300 slaves

Question 19

East india

Answer 19

Established by James Lancaster 1891

Question 20

War cost 1885-1603

Answer 20

4.5 million

Question 21

War cost 1585-9

Answer 21

1 million

Question 22

Parliment grant 1589

Answer 22

480000

Question 23

1588 loans

Answer 23

56000 from city of london at 10% per annun
74-000 from wealthy subjects

Question 24

Crown lands sold

Answer 24

£200 000 in 1600

Question 25

Treaty of nonsuch

Answer 25

10th augsut 1585
war cost 160000 year - half yearly income