Anglo-Saxon economy Flashcards
1
Q
name the 4 features of the Anglo-Saxon economy
A
tax, towns, overseas trade, stable currency
2
Q
who controlled the minting of the coins
A
the king
3
Q
how often were coins recalled for minting
A
every 5 years
4
Q
why did this empower the king
A
he could control and regulate the economy
5
Q
taxes were raised by the geld tax, what was this
A
was a paid tax to defend against the danes
6
Q
how much money was usually raised from the geld tax across the country
A
£6000 (3.4 million today)
7
Q
what % of the population lived in towns?
A
10%
8
Q
what 2 cities had more than 10,000 people living in them
A
london and york
9
Q
Anglo-Saxon England traded with lots of countries in Europe, what was the most common export
A
wool
