What impact did the threat of war with Spain have on finance and economics?

Question 1

What was a precursor to war in 1580?

Answer 1

-Spain becomes more powerful by gaining Portugal->Elizabeth gives the Duke of Alencon (Anjou) £100,000 to support the Dutch against Spain

Question 2

Who died in 1584? (2 people)

Answer 2

-Duke of Alencon and William of Orange die->England isolated

Question 3

What did Drake do in 1587?

Answer 3

-Drake attacked Cadiz and captured cargo worth £140,000 also forced the Spanish to postpone the Armada->meant the Armada failed->Philip’s military leader died so lacked organisation

Question 4

What did the Sea Beggars force Spanish ships into doing? When?

Answer 4

-1568
-shelter in Plymouth and Southampton carrying bullion to pay the Spanish soldiers->loan only valid once they were delivered

Question 5

What happened in 1566 with piracy?

Answer 5

-Spanish blamed English for piracy in the English Channel
-English resented the way that the Spanish treated the English sailors in Spanish ports->affects trade->would encourage them not to trade as much to each other

Question 6

What was a result of Flemings leaving and coming to England in 1566?

Answer 6

-enhanced the economy due to bringing their skills

Question 7

When did Elizabeth allow money to be sent to help the Dutch Pirates (Sea Beggars)?

Answer 7

1568

Question 8

Who took out the loan in 1568? What was a result?

Answer 8

-Elizabeth took the loan herself->trade ceased

Question 9

What did Elizabeth not know what to do in the 1570s?

Answer 9

-didn’t know whether to aid the Dutch

Question 10

How did the navy improve due to the threat of the Armada?

Answer 10

-25 galleons - formidable
-refitted ships and build new ones while reducing costs
-the ships were remodelled ‘low and snug in the water’->outmaneuver the Spanish
-more room on deck for artillery
-merchant ships (ships that transported goods) could be called upon in case of invasion

Question 11

How did the Lord Lieutenants due to the threat of the Armada?

Answer 11

-reviewed local militias, trained troops (firearms), surveyed possible landing places and build defences in such places
-artillery was to be made ready
-beacons were set up on hills to be lit in case of an invasion and the JPs had to guard them