Henry 8 - Economy Flashcards

1
Q

By mid 1500’s how many blast furnaces were there?

A

26

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2
Q

From 1550’s what percentage of cloth exports were transported by English merchants?

A

70%

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3
Q

What were the increasing exports counterbalanced by?

A

Increasing wine imports

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4
Q

Wool and cloth exports

A

Almost doubled

Accounted for 90% of exports

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5
Q

Significant increase in export of tin (prized export) and hides

True or false?

A

True

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6
Q

Trade routes

A

Increasingly cloth exported from London - negative impact on provincial traders and other ports

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7
Q

Where was London increasingly supplied with coal from

A

Newcastle - transported by sea

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8
Q

Henry VIII and exploration

A

No interest

Only exception was Robert Thorne’s continued involvement in Iceland and Newfoundland fishery

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9
Q

1523 Subsidy assessment indicated considerable urban poverty

What percentage of Coventry were recorded as having no personal wealth?

A

Over 50%

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10
Q

How many rural labourers migrated to London per year due to growing unemployment

A

Over 5000

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11
Q

Population change?

A

From 1525 - population grew significantly with general decline in mortality rate

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12
Q

Debasement

A

Began 1526, frequent by 1540’s

Temporary artificial economic boom, but long term cost to living standards

Reformation contributed to this (increased volume by gold/silver seized)

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13
Q

What happened to real wages?

A

Decline for many, especially in 1540’s when effects of debasement most evident

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14
Q

What happened to grain and meat prices by 1530’s?

A

Doubled since 1510

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15
Q

Effects of engrossing?

A

Some made homeless

Difficult to determine extent or effects

Legislation ineffective

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16
Q

Effects of harvests?

A

Bad harvest 1535 was a cause of the Lincolnshire rising

Good harvest 1537-1539 helped reduce discontent caused by continuation of dissolution

17
Q

What were the effect of 1520-21, 1527-29 bad harvests?

A

Led to significant food price rises

18
Q

Small signs of capitalism

A

Landowners benefitted from pop increase

Cheap and plentiful labour and wages declined

19
Q

Society more polarised

A

Upper classes increasingly saw poor as idle

Rich slightly richer, poor slightly poorer

20
Q

How many cases did wolsey’s enclosure commission (1517) bring against people

A

188

21
Q

Extent of enclosure?

A

Extent and scale undetermined

Largely small scale regional practice - mostly in East Midlands villages

22
Q

Legislation against enclosure

A

1489 and 1515 - muddled and ineffective

1534 - limited results (attempted to limit sheep ownership and engrossing)

23
Q

Why did Wolsey agree to abandon enclosure policy for 18 months?

A

In return for 1523 subsidy

24
Q

The majority of damage caused by enclosure occurred prior to what year?

A

1485

25
Q

Who highlighted the harmful effects of enclosure that Wolsey responded to by establishing an enclosure commission?

A

Thomas Mores ‘Utopia’ (1516)

26
Q

What was enclosure regarded as?

A

A moral problem causing poor to be homeless

27
Q

By 1547 what proportion of the population was employed in agriculture?

A

90% - mainly subsistence farming