The fiscal military state Flashcards
What was national taxation justified for?
Supporting the King’s household and defence of the Kingdom
What % of revenue was customs generating for the monarch in the 16th and 17th century?
30-40%
What was created to make borrowing more reliable?
Bank of England (1696)
What was the south sea bubble
A scheme created by the government to pay off their debts by having people invest in the south sea company as a get rich quick scheme in exchange for their debts.
Why was fixed yield tax failing in Henry’s era?
It was leading to diminishing profits due to increased inflation
What % of the Norfolk, Leicester and Coventry populations was too poor to pay tax in the early 16th century?
10%, 1/3 and 47%
What happened to average tax assessment of ministers after Henry 8th died?
Went from £800-900 to £300, more undervaluations
What was the size of the Georgian army in 1715, 1730s and 1740s
16,000, 26,000, 76,500
How many trained foot soldier and horse soldiers were there in the militia in the 1620s?
93,000 and 5,239
Who were typically sent off to war?
The worst kind of men, criminals, drunks. Was more to deal with domestic problems than to actually defend the country
When did efforts to develop a royal navy arise?
1630s
How many public and private ships did the 1588 armada contain?
23 royal and 79 private
What were the benefits of privateering?
Expansion of overseas trade, stimulus to shipbuilding, protection of seas commerce
What was the rate of adult males in arms during the civil wars?
One in 10
Standing army on the eve of the glorious revolution?
34,000
