Henry VII - Economy Flashcards
What became the main industry during Henry VII’s reign?
Cloth and wool
What was the population of England during Henry VII’s reign?
2.2 million
What was the population of York during Henry VII’s reign?
8-10,000
What was the population of Coventry during Henry VII’s reign?
8-10,000
What was the population of Norwich during Henry VII’s reign?
exceeding 10,000
What was the population of London during Henry VII’s reign?
exceeding 50,000
What was the population of Bristol during Henry VII’s reign?
8-10,000
What other industries were in Henry VII’s reign?
mining tin/lead/coal, metal working, leather work, shipbuilding and paper making
How did farming change during Henry VII’s reign?
From harvesting to sheep so failed harvests were disastrous and labourers went out of jobs
How did the cloth trade develop during Henry VII’s reign?
Bulk exports went out through Calais, weaving fulling and dyeing developed, cloth towns prospered, historic cities suffered, Hanseatic League (reasserted in 1504) gave trading privileges
What were the 1485 and 1489 Navigation Acts?
Encouraged English shipping so only English ships could carry certain exports
What was the 1492 Treaty of Etaples?
Trading restrictions removed to try and encourage Anglo-French commercial relations
What was the 1493 trading embargo with Burgundy
Margaret of Burgundy supporting Warbeck so Henry instated a ban on trade with Burgundy
What was the 1496 Intercursus Magnus?
The agreement that the Netherlands and England would resume trade after the Netherlands stopped supporting Warbeck
What was the 1506 Intercursus Malus?
Support for the Earl of Suffolk appeared so Henry tried to reinstate the ban but instead agreed to move trade
Who was John Cabot and what did he do?
He was a fisherman who sailed in 1497 and found Newfoundland as well as extensive fishing grounds. He sailed again in 1498 but never returned, however he proved there was a substantial land mass within reasonable sailing from Europe
Who was Sebastian Cabot?
John Cabot’s son, led an unsuccessful voyage to find the north-west passage to Asia
