Henry VII - How did Henry improve the administrations finances? - RG2

Question 1

One of the key developments of Henry’s reign was the emergence of what?

Answer 1

Committees of the council

Question 2

What was the role of committees of the council?

Answer 2

To deal with specific matters of policy

Question 3

Give two examples of committees of the council?

Answer 3

The council learned of the Law
The Star Chamber

Question 4

At the start of his reign, who did Henry allow to take control of his finances?

Answer 4

the Treasury and the Exchequer

Question 5

Give a problem with the Treasury and the Exchequer when they took control of Henry’s finances?

Answer 5

They were inefficient and clumsy

Question 6

Henry dealt with the administration of finance from his private rooms in the palace from which year onwards?

Answer 6

1487 onwards

Question 7

Henry dealt with the administration of his finances from which two private rooms in the palace?

Answer 7

The Chamber and Privy Chamber

Question 8

Give an example of an institutional reform which involved Henry’s finances?

Answer 8

Court of Audit to monitor to monitor government spending

Question 9

Describe Henry’s financial policies?

Answer 9

They were cautious and realistic

Question 10

How did Henry ensure that the crown was in a stable financial situation?

Answer 10

He avoided expensive foreign wars
He exploited his legal rights to claim special payments from his nobles

Question 11

Give two things that Henry had ensured financially by the end of his reign?

Answer 11

Henry had ensured that the crown had built up enough annual income to meet its commitments and that money was carefully accounted for