Trade&Industry Flashcards

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1
Q

What % of the value of English exports was the cloth trade responsible for?

A

90%

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2
Q

What % of volume did cloth exports increase estimated by Jack Lander ?

A

60%

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3
Q

earlier in the 15th century what was the bulk of exports?

A

raw wool

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4
Q

Earlier in the century where was most of the raw wool shipped from?

A

east-coast ports such as Boston, Lynn and Yarmouth

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5
Q

earlier in the century where was most of the raw wool exported through after being shipped from the east coast?

A

through Calais by the Merchants of the Staple

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6
Q

What did the increasing finished cloth trade lead to developments in?

A

weaving

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7
Q

Where are 2 examples of cloth towns which were extremely prosperous?

A
  • Lavenham in Sufflok

- Lewes in Sussex

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8
Q

Which 2 historic cities suffered significant decay as the cloth industry tended to move from older corporate boroughs to newer manufacturing centres in small market towns and villages in East Anglia, the West Riding of Yorkshire and parts of West country?

A

Winchester and Lincoln

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9
Q

Why did historic cities such as Winchester and Lincoln suffer significant decay in regards to the cloth industry?

A

as the cloth industry tended to move from older corporate boroughs to newer manufacturing centres in small market towns and villages in East Anglia, the West Riding of Yorkshire and parts of the West Country

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10
Q

Where did the cloth industry move towards when historic cities such as Winchester and Lincoln decayed in the cloth trade?

A

to small market towns and villages in East Anglia, the West Riding of Yorkshire and parts of the West Country

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11
Q

Where was an increasing proportion of finished cloth exported from London through?

A

the Merchant Adventurers

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12
Q

What was reinforced as an affect of the increasing proportion of finished cloth being exported from London through the Merchant Adventurers?

A

This reinforced London’s commercial dominance within the country and established a commercial axis with Antwerp

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13
Q

What was said to be the commercial metropolis of Europe?

A

Antwerp

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14
Q

From Antwerp where was English cloth transported?

A

all over Europe

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15
Q

Who were the Merchant Adventurers ?

A

a trading organisation which came increasingly to dominate London’s cloth trade with Antwerp

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16
Q

What did the King twice use the Merchant Adventurers in advising him in trade treaties?

A

used by the kind in negotiating trade treaties such as Intercusus Magnus and Intercursus Malus

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17
Q

Why could the Merchant Adventurers not achieve complete domination of trade?

A

because they proved unable to overcome the trading privileges enjoyed by the Hanseatic League

18
Q

What was the Hanseatic League and what did they do?

A

a group of free cities which came together to form a commercial union with the intention of controlling trade in the Baltic Sea and dominated commercial activity in northern Europe

19
Q

When was the Hanseatic League reasserted by treaty twice?

A

1474 and 1504

20
Q

Why did Henry agree to reassert the treaty with the Hanseatic League?

A

so that they would not offer support to the Yorkist claimant to the throne, the Earl of Suffolk

21
Q

What were Germany and Bohemia superiority in trading?

A

mining and metallurgy

22
Q

What were the Spanish, Portuguese and Dutch’s’ superiority in trading?

A

shipbuilding

23
Q

Why did Henry keep England’s industry focused on cloth?

A

As England remained dependant on trade and therefore did not want to create enemies with influential European countries

24
Q

Where was tin mined?

A

Cornwall

25
Q

What was coal mined?

A

Durham and northumberland

26
Q

Why was coal from mined from Durham so important for the king?

A

as the coal from the North East was shipped to London to meet the growing demand for domestic and industrial fuel

27
Q

As well as to London where else would the north east export coal in small trade?

A

to Germany and the Netherlands

28
Q

What was Henrys main objective in terms of trade which made the Crown’s approach inconsistent?

A

to maximise customs revenue

29
Q

What was Henry prepared to sacrifice in the interests of securing the dynasty?

A

revenue and trade

30
Q

What was Henrys biggest issue concerning trade in Henry’s reign?

A

the trade embargo with the Netherlands

31
Q

When did Henry impose the embargo on trade with the Netherlands?

A

1493

32
Q

Why had Henry put a trade embargo on the Netherlands in 1493?

A

as a result of fear brought by Margret of Burgundy’s support for Perkin Warbeck

33
Q

How did the embargo with the Netherlands end?

A

in the Intercursus Magnus

34
Q

What was the Intercursus Malus in practise?

A

this exorted Philip as a result of his weakness in 1506

35
Q

What does Henrys trade treaties show took priority over the interests of English merchants? (2)

A
  • foreign policy

- dynastic interests

36
Q

What was the trade policy employed within the Treaty of Etaples 1492?

A

to encourage Anlgo-French commercial relations

37
Q

In what 2 circumstances did England’s trade policy fail

A
  • attempt to breakthrough in Mediterranean trade

- Hanseatic League limited the development of English trading interests in the Baltic

38
Q

In what 2 years did Henry pass the Navigation Acts?

A

1485 1489

39
Q

What were the Navigation Acts which Henry passed in 1485 and 1486?

A

The object of these was to encourage English shipping by trying to ensure that only England ships could carry certain products to and from English ports

40
Q

How were Henrys Navigation Acts of 1485 and 1489 which had the objective of encouraging English shipping to only English ships carrying certain products to and from England ,limited?

A

as foreign vessels continued to transport a substantial proportion of English exports

41
Q

Where did the Hanseatic League exclude Bristol fish merchants?

A

Icelandic waters