english economy position before 1450

Question 1

what happened in the economic slowdown?

Answer 1

economic slowdown spread from north to south in 1440s

Question 2

how and what groups were affected by the economic recessions

Answer 2

decreased prices for trade items

fall in trade
broadclothes - 2078- 237
cloth 182-25
wine- 1041- 271

Question 3

how did the nobility prosper

Answer 3

took advantage of royal revenues and inheritance money to gain grants and dues from charges on king’s justice and access

Question 4

how did the government contribute to the worsened trade

Answer 4

protectionist merchant’s advocation for english legilsation led to poor relations with Burgundy - 1447 expelled england from their primary market for cloth

loss of war in france (bordeaux) affected wine trade

27th may 1449 Robert Winnington attacked hanse league bay fleets -capt 110 ships
led to hanse league cutting english off german and baltic trades