Henry VII - Changes to England's Economy Flashcards
What was the population of London during the reign of Henry VII?
Approximately 50,000
Which two towns had a population exceeding 10,000 besides London?
Norwich & Bristol
Which two towns had a population of 8,000-10,000?
York & Coventry
What was the main industry in urban areas?
Wool & Cloth
Name three minor industries in England at this time?
Tin mining
Coal mining
Metallurgy
Leatherworking
Shipbuilding
Papermaking
Which method of farming experienced an increase in the 1480’s & 1490’s?
Sheep farming
What percentage of English exports was cloth during Henry’s reign?
90%
Approximately how much did Henry VII’s reign increase cloth exports by?
60%
What was the difference between wool and cloth?
Wool - taken directly from a sheared sheep
Cloth - refined wool that is used to make expensive clothes etc.
Which group around London was responsible for a large amount of cloth exports?
Merchant Adventurers
What was Henry’s attitude about English trade?
Useful, but expendable if it came at the cost of his own security (more bothered about his own wealth than the country’s)
Which city did most of England’s cloth trade go through?
Antwerp
What was the name of the group of north-German free cities that sought to control trade?
Hanseatic League
When did Henry VII sign the trading treaty that reaffirmed the Hanseatic League’s position?
1504
What did Henry get out of his deal with the Hanseatic League?
The League would not support the Earl of Suffolk (Yorkist)
