Henry VIII - Changes to England's Economy Flashcards
Types of exports increased (Henry VIII)
- Cloth
- Hides
- Tin
- Kersey fabric
Types of exports decreased (Henry VIII)
- Wool
Types of imports increased (Henry VIII)
- Wine
Types of imports decreased (Henry VIII)
Cities positively impacted by trade (Henry VIII)
- London
- Southampton
Cities negatively impacted by trade (Henry VIII)
- Bristol
- Hull
- Boston
Amount of Cloth trade controlled by England in 1550’s
70%
Areas of England that developed cloth trade most (Henry VIII)
- West Yorkshire
- East Anglia
Areas of England that developed mining the most (Henry VIII)
- Cornwall
- Pennines
- Newcastle
- Kent
Name the material mined in these areas (Henry VIII)
- Cornwall
- Pennines
- Newcastle
- Kent
- Cornwall (Tin)
- Pennines (Lead)
- Newcastle (Coal)
- Kent (Iron)
European city that traded with Southampton (Henry VIII)
Venice
Where did Sebastien Cabot go during Henry VIII’s reign?
Spain
Why did Henry VIII not sponsor explorers?
Wanted to conquer France
Define ‘engrossing’
Two farms joining together to improve efficiency
Define ‘debasement’
Reduction of silver content in coins with ‘lesser’ materials
When does population begin to increase? (Henry VIII)
1525
Why did farming incomes increase? (Henry VIII)
- population growth
- engrossing
When does the ‘Great Debasement’ occur?
1544-1546
Short-term impact of debasement of the coinage
Economic boom
Long-term impact of debasement of the coinage
Inflation
Date of bad harvests (Henry VIII)
- 1520-1521
- 1527-1529
Why did real wages decline? (Henry VIII)
Debasement of coinage
Which city recorded as having no personal wealth? (Henry VIII)
Coventry
Annual increase of migrants to London (Henry VIII)
5,000 per year
Social impacts of engrossing (Henry VIII)
Homelessness
Publication that highlighted issues with Enclosures (Henry VIII)
Thomas More’s ‘Utopia’
What did Wolsey do about enclosures?
Launched commission to find out scale of problem
How many illegal enclosures were found by Wolsey?
188
Social trend from population growth (Henry VIII)
‘rich became richer, poor became poorer’
