Growth Of London Flashcards

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1
Q

what was Londons population?

A

by mid 17th century: 400,000
by 1700: 575,000
- largest city in western Europe by mid 17th century

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2
Q

what did the growth in population cause?

A
  • growth of economy and success of the fledging empire - led to pressure on resources and price rises
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3
Q

why was London ideally placed to power the economy?

A
  • it was at the heart of the road and shipping network
  • could support the increasing demand for goods
  • home to the new investment banking industry
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4
Q

why did Londons economy grow?

A
  • banking and insurance
  • centre of legal system
  • transport had been improving
  • demographic growth in London surpassed other towns
  • skilled and educated workers were more likely to move to London; offered more and better jobs
  • number of markets made it the focal point for economic activity
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5
Q

who moved to London?

A

-migration: both poor workers and gentry and their families, huguenots

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6
Q

what did the gentry get by moving to London?

A
  • if they wanted to Gian favour at the royal court they moved
  • if they did not succeed in politics, they were able to forge a career in the higher echelons(rank) of the military, as it was based in London, especially the admiralty
  • training in law
  • many companies that did trade and exploration were based in London
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7
Q

what companies were based in London?

A
  • EIT, established 1600
  • Levant company, 1581
  • Muscovy company, 1555
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8
Q

urbanisation.

A

increase in the proportion of people living in urban areas compared to rural areas
- people moved from the countryside to towns and cities

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