Finance Flashcards
1
Q
Costs of wars (4++)
A
Netherlands = 2,000,000
France = 580,000
Armada = 161,000
Tyrone’s rebellion = 1,000,00
2
Q
Sources of ordinary revenue (5)
A
Crown lands
Customs duty
Profits of justice
Feudal dues
First fruits and tenths
3
Q
Crown lands (2)
A
600,000
Bought in 100,000 per year = rents on existing land raised
4
Q
Extraordinary revenue - ship
A
The capture of Madre de Dios in 1592 brought in £77,000
5
Q
How many requests for subsidy taxes
A
11/13of her parliaments = granted each time