‘The cloth trade was the most important contributor to the English economy during the reign of Henry VII’. Explain why you agree or disagree with this view Flashcards
1
Q
Introduction
A
- Cloth trade was important contributor no doubt but the most important contributor
- Made huge headways but others also be seen as making headways and not as big as agriculture
2
Q
Cloth was important:
A
- Importance of cloth
3
Q
Others were important:
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- Importance of Agriculture
- Importance of small-scale industries
4
Q
Conclusion
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- Clear that English economy was ultimately an agricultural economy not cloth
- Dominated people’s lives and accounted for the Lion’s share of economic activity
- Growth in wool trade ultimately reliant on the produce of the agricultural products of sheep rearing.
- Growing role of cloth however cannot be dismissed which later grew in the tudor reign
4
Q
Cloth was important: importance of cloth
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- 1500: cloth = major / employed 1.3% of the 2.2million population
- Urban areas: wool + cloth = main industries
- Wool demand increased - increased population + developments in overseas trade
- Wool + cloth trade: made sheep farming relatively more profitable
- Improved production and profitability / came at a price for peasants
Loss access to their land / common rights / = left destitute - widespread by C16th - Jack Landers: ‘an increase in over 60% in the volume of cloth exports during Henry VII’s reign’
- Some cloth towns: v. prosperous = Lavenham + Lewes
- Historic cities Winchester + Lincoln = decay - move from old corp. to new manufacturing
- Incr. proportion of finished cloth exported through London via Merchant Adventure
- Reinforced commercial dominance + established commercial axis with Antwerp - linked w f.p establishing
5
Q
Other were important: Importance of Agriculture
A
- Agriculture / agrarian / pastoral = animals / cereal farming = growing cereals
- Was significant = made basis of the English economy at the time
- Very dependent on agriculture - 90% of people lived in countryside = most significant
- Mixed farming: most common type of farming in lowland
- Through pastoral farming - predominated in woodlands
- Open field husbandry: conc. mainly in grain growing areas: S.E and E midlands
6
Q
Other were important: Importance of small-scale industries
A
- Small scale craft operations: weaving + brewing - little capital investment
- Mining: required more capital / remained fairly small-scale
- Tin: mined in Cornwall / Lead: mined + smelted in Weald of Sussex and Kent
- Coal: shipped to Newcastle to meet fuel demands / small export trade to Germany + Netherlands
- Growing demand for domestic + industrial fuel in London
1496: invention of blast furnace - Development pumping technology which was first recorded at Finchale, Country Durham
- Industries offered opportunity for rural employment to supplement agrarian income
- Despite these other industries = small + failing to compete with their continental competitors
- Germany + Bohemia = metal lurgy // Spanish + Portuguese + Dutch = shipbuilding