situation of liz’s succession Flashcards
1
Q
what was the role of the privy council
A
- members of nobility who helped govern country
- monitored parliament + JOTP
2
Q
role of parliament
A
- advised Liz’s gov
- made up of House of Lords + commons
- passed laws + approved raxes
3
Q
who were the jotp
A
- large landowners appointed by the gov
- kept law + order locally & heard court cases
4
Q
who were the lords lieutenant
A
- noblemen appointed by gov
- raised local militia
- governed English counties
5
Q
who were the court
A
- noblemen who acted as monarchs advisers + friends
- advised monarch & helped display her wealth + power
- could also be members of the privy council
6
Q
what was Liz’s character like
A
- well educated - spoke Latin , Greek , French + Italian
- confident + charismatic - enabled her to win over her subjects + command support in parliament
7
Q
how much was the crown in
A
- £300,000 only had an annual income of £286,667
8
Q
what did Elizabeth need money for
A
- to remain secure on the throne - could use it to reward her supporters
9
Q
what happened to coinage in 1540
A
- crown had debased coinage by reducing its silver & gold content - to keep paying for the wars against France
10
Q
how could monarchs raise money
A
- taxes from trade
- profits of justice
- loans
11
Q
what could Liz do to solve her financial problem in 1558
A
- raise taxes to boost crowns income
❌- could lead to revolts - improve quality of money by increasing gold + silver content in coinage
❌ - new coinage would be traded against existing coinage + people would struggle to exchange older coins for new ones
12
Q
what did Elizabeth actually do in the financial weakness
A
- didn’t raise taxes , instead hoarded her income & cut household expenses by half
- sold crowns land raising £120,000
- 1574 - crown now out of debt
