Finance

Question 1

When was the Book of Bounties? What Was it?

Answer 1

1608
A survey of Crown Lands.
Aimed to make more money from these lands by revising the leasing policy.

Question 2

When was the Book of Rates? What was it?

Answer 2

1608

Updated Customs duties

Question 3

When was the Great Contract? What was it?

Answer 3

1610

£600,000 subsidy with annual £200,000 subsidy

Question 4

When was the Statutes of Monopolies? What were they?

Answer 4

1624

Limited the Crown’s right to grant the monopolies to individuals

Question 5

When was the Subsidy Act? What was it?

Answer 5

1624
Granted a subsidy of £300,000 to the Crown. In order to gain it, the monarch had to agree it would be used only for foreign policy.

Question 6

When was the Forced Loan? What was it?

Answer 6

1626

Public meetings where people were pressed to agree to pay.

Question 7

When was the Five Knights Case? What was it?

Answer 7

1627
76 people imprisoned for refusing to pay the forced loan.
Habeas Corpus produced, had to be tried for an offence or released.
Charles falsified legal records.
Increased parliamentary tension.