Mary I - Economic change and its social impact - RG2 Flashcards

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1
Q

Describe the rate of inflation during Mary’s reign?

A

There was a high rate of inflation throughout Mary’s reign.

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2
Q

What was the long term cause of inflation during Mary’s reign?

A

Population growth

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3
Q

What was the short term cause of inflation during Mary’s reign?

A

Harvest failures in 1555 and 1556

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4
Q

Give one positive of Mary’s economic policy?

A

The Crown made several improvements in financial administration which the country benefited from in the long term.

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