Henry VII : Government & Finance Flashcards

1
Q

What are the three main functions of the council?

A

Advise the King
Administer the realm on the King’s behalf
Make legal judgements

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2
Q

Who worked with Richard Empson in the council learned from 1503?

A

Edmund Dudley

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3
Q

What institution of administration did Henry VII start using in 1495?

A

The Privy Chamber

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4
Q

What did the new Book of Rates (1507) lead to a 20% increase of?

A

Customs duties collected on goods entering the country

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5
Q

What were the two main functions of parliament?

A

Pass laws
Grant taxation

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6
Q

Henry was promised £200,000 in what between 1504 and 1507?

A

Bonds & recognizances

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7
Q

What did Justices of the Peace do?

A

Unpaid role given to members of the gentry to administer justice and maintain law in local areas

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8
Q

What did parliament grant Henry VII in 1487, 1489 and 1496, usually amounting to £30,000

A

Fifteenths & tenths

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9
Q

How much money did Henry borrow in loans during his reign, all of which he paid back?

A

£203,000

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10
Q

Who was Henry’s Lord Chamberlain until 1495 when he was arrested for treason?

A

Sir William Stanley

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11
Q

Crown lands increased by how much over Henry VII’s reign?

A

5 times

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12
Q

Roughly how much did Henry VII leave in cash at the end of his reign?

A

£10,000

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13
Q

After 3 years of his reign, Henry abandoned the Exchequer system of royal finances in favour of the Chamber. Why?

A

It was part of the royal household and gave him personal supervision

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14
Q

How many Knights of the Garter did Henry create?

A

37

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15
Q

How many times was parliament called in Henry VII’s reign?

A

7 times

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