The Cloth Trade Was The Most Important Contributor To The English Economy During The Reign Of Henry Vii Flashcards

1
Q

Cloth trade

A
  • 60% increase in finished cloth
  • main export; but trade embargoes with Netherlands’s
  • custom duties increased
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2
Q

Industry and other trade

A
  • Growth of trade of finished cloth meant development of industry
  • other products like tin and coal were small-scale
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3
Q

Agriculture

A
  • largely agricultural society
  • subsistence economy
  • arable declined
  • sheep increased
  • increasing pressure of enclosure
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4
Q

3 factors

A

Cloth trade
Industry and other trade
Agriculture

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