Mary I - Economic change and its social impact - RG2 Flashcards
1
Q
Describe the rate of inflation during Mary’s reign?
A
There was a high rate of inflation throughout Mary’s reign.
2
Q
What was the long term cause of inflation during Mary’s reign?
A
Population growth
3
Q
What was the short term cause of inflation during Mary’s reign?
A
Harvest failures in 1555 and 1556
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.