english economy between 1450-1471 Flashcards

1
Q

foreign trade

A

disputes between Henry VI and Charles II, France, had halted prosperous trade in France - worsened french territory losses

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2
Q

What had worsened in this period?

A

The great buillion famine (1457-1462)

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3
Q

What happened between 1456-1457 and how did it affect the economy?

A

protests against foreigners in london halted foreign merchant actions in the capital

gov did not do a good job at suppressing

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4
Q

why were london merchants unhappy?

A

alienated by the court - favoured foreigners - had given italian merchants a pardon for previous trading offences

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5
Q

what did increased piracy cause

A

increased piracy in waters in europe and english privateers had led to seizure of hanseatic league goods from flemish and danish great merchant ships

retaliation - cut off english trade for cloth to east

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