HVIII - Economy Flashcards
Which two area saw the most growth in the cloth industry under Henry VIII?
West Yorkshire and East Anglia
How many blast furnaces were there in England by the end of Henry VIII’s reign?
26
Tin from where was a prized export?
Cornwall
Why did Sebastian Cabot stay in Spain for most of Henry VIII’s reign?
Henry was disinterested in exploration
What did the debasement of the coinage do in the short term?
Caused an artificial boom from 1544 to 1546
What evidence is there for depression during Henry VIII’s reign? [3]
Bad harvest led to increase in prices
Wages declined
Unemployment grew amongst urban workers
What happened to prices during Henry VIII’s reign
They doubled
What percentage of Coventry was found to have no personal wealth?
50%
How many defendants were found to have illegally enclosed land by Wolsey?
188
What happened to the gulf in society during Henry VIII’s reign and why?
Became larger, as prices increased, making the producers richer and consumers poorer