Henry VII - Economy Flashcards
Rearranging open fields into fields seperated by hedges or fences.
Enclosure
A league of German towns which dominated trade in the Baltic
Hanseatic League
Labour intensive farming which produced crops using basic tools including ploughs.
Arable Farming
Refusal to participate in trade with another specified country.
Trade Embargo
A form of taxation, taken from earnings to support the church.
Tithes
Land in public ownership - it belongs to the people.
Common Land
Formed in the city of London and the most powerful business organisation during Henry VII’s reign.
Merchant Adventures
First Navigation Act - specified English ships/crew to be used on certain routes.
1485
Henry VII sponsors a blast furnance in Kent as part of smelting works to make weapons for the Scots war.
1486
John Cabot’s voyage to the American continent.
1487
First act against enclosure.
1488
Ended the Hansa league’s privilege in exporting buillion from England.
1489
Intercursus Magnus allowed free trade with Burgundy.
1496
Intercursus Malus gave the English such trade privileges the Burgundians did not have.
1506
A system of farming which involves the growing of crops as well as the raising of animals as livestock.
Mixed Farming