‘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
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2
Q

Cloth was important:

A
  • Importance of cloth
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3
Q

Others were important:

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  • Importance of Agriculture
  • Importance of small-scale industries
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4
Q

Conclusion

A
  • 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
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4
Q

Cloth was important: importance of cloth

A
  • 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
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5
Q

Other were important: Importance of Agriculture

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  • 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
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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
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