Henry's Trade and Economy Flashcards

1
Q

how many did the cloth trade employ?

A

35,000 (3% of working population)

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2
Q

how much did cloth make up of English exports?

A

80%

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3
Q

when was the great slump?

A

1440 - 1480

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4
Q

what was the economy like?

A

subsidence economy meant they only are what they needed

any surplus sold to neighbour towns

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5
Q

why was enclosures a big issue?

A

common land previously used fort animals was fenced off (could cause homelessness)

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6
Q

when and what was the Isle of Wight act?

A
  • 1489

- stop enclosures on island to prevent drop in population and maintain security of the coast

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7
Q

when and what was the general act?

A
  • 1489
  • to prevent enclosures everywhere
  • never enforced as local landlords benefitted too much from enclosures
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8
Q

how was the wool and cloth industry negatively effected?

A

war, bad harvest, plagues

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9
Q

what was the 1486 commercial treaty do?

A

improve trade with France

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10
Q

what was trade with Brittany improved with?

A

1492 Etaples

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11
Q

which treaty imposed trade with Spain?

A

1489 Mendina del Campo

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12
Q

what did the 1485 navigation act do?

A

all wine from Gascogne must be brought in England ships and crew

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13
Q

what did 1489 navigation act do?

A

English merchants shouldn’t import in foreign ships if English ones are available

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14
Q

how many ships were there in Edward and Henry’s reigns?

A

16 in Edward’s

7 in Henry’s (prioritised maintaining them)

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15
Q

what was Henry’s relationship with the Hanseatic League?

A
  • retaliated to navigation acts as they lost trade
  • tried to stop league with Denmark trade treaty in 1489
  • Henry forced to restore all trade to league in 1504 due to Suffolk Yorkist threat
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