trade and economy Flashcards
1
Q
when was Warwick’s piracy?
A
- 1459 - 60
- 1470- 71
2
Q
what happened with Warwick’s piracy?
A
- attack European ships and alienate Hanseatic league
- funded Calais soldiers
- kept them loyal to Warwick and Henry
3
Q
who lost money when they had to pay for soldiers during the conflict?
A
- citizens
- merchants
- taxmen
4
Q
what did trade links with lower countries cause?
A
- belgium and burgundy
- threaten trade exports
- cloth main source of income - embargo 1449
5
Q
how did war effect laborers and traders?
A
had to down tools to fight
6
Q
what did soldiers dying in battle cause?
A
- couldn’t support wife and children - poverty and starvation
7
Q
what were the consequences of the northern host destroying land?
A
land cant be farmed on and other exports decline
8
Q
were the Hanseatic league dominating before the war?
A
yes
9
Q
when did the great slump begin?
A
1455
lasted for decades
10
Q
what was the recession is wales (55-58) caused by?
A
- high rent and tax
- increasing wages
11
Q
when did Edward make a treaty with the Hanseatic league?
A
1474
