1.5 Economic development: trade, exploration, prosperity and depression Flashcards

1
Q

what was the function of a town?

A
  • centre of trade
  • exchanges of goods in markets/fairs
  • key for merchants, Burgesses (run the local gov), professionals (lawyers+physicians), guild (represents trades)
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2
Q

why were towns important during henry v11’s reign?

A
  • a social exchange of ideas, intellectual
  • uses raw materials of countryside and turns them into goods e.g wool to cloth
  • back at pre-black death numbers. about 700 towns, most have less than 1000 people, london has a population of 50,000
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3
Q

what would an important industry be?

A
  • provides lots of jobs that are permanent and stable
  • make money
  • have demand at home and aborad/ how much europe relys on it
  • widespread across England
  • in the interest of the crown
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4
Q

what is the open-field system of farming?

A

surrounding each village there were three open fields that were divided into strips and shared out amongst the villagers. a system, of rotation was followed so that the soil did not become exhausted. There was also a common stretch of land where the villagers grazed their animals. Decisions about the way in which the land would be sued had been made collectively by all those who farmed it

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5
Q

what is the enclosure system of farming?

A

Enclosure was the fencing-off of land and the abolition of all common rights over it, so that it then became solely the responsibility of its individual owner, who could use it in whatever way he wished

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6
Q

advantages of enclosure?

A

-particualry useful where lands were most suited to sheep farming than to the growing of arable crops
- the enclosures could divide their land into properly fenced off fields, which was not possible with the open-field system
- they could then, for instince, practice selective breeding of animals or develop their own techniques without being held back by their less adventurous neighbours
- this was particularly true of the midlands where farmers were still beneffiting from changing arable to pasture farming. the problems resulting from enclosure would be most apparent in this area

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7
Q

disadvantages of enclosure?

A
  • it could lead to the eviction of families who could not prove that they had a legal right to part if the land which was to be enclosed, or to the loss of the right to use common land for grazing and for the collection of fire wood
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8
Q

was enclosure a big issue in henry’s reign?

A
  • it had been practised for centuries before Henry’s reign, so was not a new problem
  • during the 15th century when the population was low and the workforce small, many landlord had turned to pasture farming as the only viable way of using their land, as they could not recruit enough labour to grow arable crops on it
  • in the midlands, where the problem was most concentrated, less than 3% of the region was enclosed
  • most of the enclosure was done with the consent of both the lord and the tenant
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9
Q

acts against enclosure?

A
  • Henry’s parliament passed the first legislation against enclosure in 1489, although its terms were motivated by a desire to protect the interests of the crown rather than those of the people adversely affected by the changes. it was specifically aimed at the Isle of Wight on the grounds that the depopulation of the island was a threat to the defence of the realm.
  • Later in the same year another, more general, act was passed which was the forerunner of legislation in succeeding reigns. Although the word enclosure was not used in the act, its preface did criticise the conversion of arable to pasture
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10
Q

how was England divided agriculturally?

A

England could be divided into a ‘lowland zone’ to the south and east ( a line drawn from the Tees estuary to Weymouth) and a ‘highland zone’ roughly north and west of that line. Mixed farming was the most common form of farming found in the lowland zone, though pastoral farming predominated in woodlands areas and there were specislisms such as horse breeding in the Fenlands. The traditional manorial system of open-field husbandry could be found in such areas and was concentrated mainly in the grain-growing areas of the southeast and the east midlands

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11
Q

did the cloth indsutry provide a lot of jobs

A
  • the expansion of the cloth trade was greatly helped by the upward trend in the population, creating a larger pool of available labour.
  • Children carded the wool, women span it and men wove the fabric and sometimes finished it off ready for the next stages of the process
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12
Q

what was the geographical spread of the cloth indsutry?

A
  • the three main districts in which wollen cloth was manufactured were the west riding of Yorkshire, East Anglia and the West Country
  • in some areas like Wiltshire, families were wholly dependent on the cloth trade for their livelihoods
  • small market towns such as Lavenham in Suffolk and Tothes in Devon prospered from the proceeds of the trade
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13
Q

what was the size/reliance of the cloth trade?

A
  • became the country’s major industry by the 15th century, accounting for about 90% of English exports
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14
Q

was the cloth trade important in Europe?

A
  • initially English wool would have been exported raw, it was of the highest quality and was consequently in great demand in European markets
  • English kings were quick to realise the advantages of this and levied heavy duties on its exports
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15
Q

what was the geographical spread of the metal indsutry?

A
  • The pennies
  • North and central Wales and the Mendips
  • Devon and Cornwall were famous for their tin making
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16
Q

was the metal trade important in Europe?

A
  • the high quality products dominated European markets by the 16th century
17
Q

why was metal better than other trades?

A
  • the coal indsutry was prone to flooding and natural disasters
  • the cloth trade was reliant on European peace
18
Q

what was the geographical spread of the coal indsutry?

A
  • Durham
  • northumberland
  • Shipped from newcastle
19
Q

what was the size/reliance of the coal trade?

A
  • coal was beginning to accelerate because in areas where timber was scarce it was cheaper to transport coal by water than bring wood from other areas
20
Q

How was the coal industry in the interests of the crown?

A
  • easier to transport than wood
  • it was gradually becoming an imported source of coal for the poor, especially in London
21
Q

what will make trade successful?

A
  • custom duties to make money
  • trade treaties negotiated that establish new trading partners
  • does it result in an increase in exports
    previous monarchs/ Europe
22
Q

trade acts that were passed in 1486?

A
  • navigation acts which was henry’s attempt to curtail the Hanseatic league, by limiting the foreign grip on English trade. the acts forbade englishmen to load their goods on foreign ships when english ones were available. it alos reserved the lucrative trade with bordeaux
  • trade with france, henry was keen to extend trade aborad, he began negotiating a new comercial agreement with france removing trade restrictions but it was jeopardized a year later by the dispute over britanny
  • commercial agreement with britanny to compensate for issues with france
  • henry confirms the rights of the hanseatic league which have been in place since 1474 and the treaty of Ultrecht. since edward IV, the leagie guarded exclusive privileges they enjoyed in trade with ports around the Baltic sea. they were expemt from duties on goods exported from england
23
Q

trade acts that were passed in 1489?

A
  • treaty of medina del compo which allowed equal trading rights fro merchants from both spain and england and fixed custom duties at a rate that proved favourable to english traders
  • an act was passed which forabde foreign buyers from purchasing wool until english buyers had bought all they wanted. the same act also made it illegal for foreigners to buy wool for manufacture into cloth outside of england. this aimed to restrict the export of raw wool and buy the end of henrys reign it was lower than 30%
  • trading rights were established with denmark giving the english the right to fish in icelandic waters, bringing england merchants in competition with the league for scandinavian trade
  • commercial trading treaty with portugal
24
Q

trade acts that were passed in 1490?

A

english staple was agreed at the italian outlet of pisa and resitricted sales to venice. this was in response to venice putting a large duty on the english. this angered venice but they gave in as they feared theur wool supply would fall into florence’s hands so they waived the duty

25
Q

trade acts that were passed in 1492?

A

treaty of etaples. trade restrictions introduced during brittany crises were reduced under this treaty

26
Q

trade acts that were passed in 1493?

A

trade embargo with the netherlands. the merchant adventurers who exported most english cloth moved to calais. burgandy then introduced a counter-embergo

27
Q

trade acts that were passed in 1494?

A

navigation act imposed by spain had a devastating effect on enlgish trade with spain

28
Q

trade acts that were passed in 1495?

A

trading restrictions removed by france in return for enlgish neutrality in the italian wars

29
Q

trade acts that were passed in 1496?

A

intercursus magnus, the treaty agreed that english merchants could sell their goods wholesale anywhere in phillips’ dominions without paying any tolls or customs

30
Q

trade acts that were passed in 1497?

A

good relations were finally restored with france and trading privileges of english merchents were restored

31
Q

trade acts that were passed in 1504?

A

henry supported an act restoring all of the league’s privilages, this was at a time when he was desperate for Erl fo suffolk

32
Q

trade acts that were passed in 1506?

A
  • intercursus malus. phillip was persuaded to agree to a new trading agreement but was very one sided. phillip died soon after so it never came into effect
33
Q

trade acts that were passed in 1509?

A

by 1509 english merchants were shipping more cloth abroad than the combined exports of all other merchants. but english trade was still on a small scale compared with that of venice or spain. custom rates rose from £33,000 in 1485 to £40,000 in 1509

34
Q

was henry v11 succesfull with exploration in terms of columbus?

A

sucess:
- didnt rob england of an early lead in the trans-atlantic race because it is likely that had columbus set out from england rather than spain, the winds would only have swept him to the shores of Novia Scottia and not the more inviting islands of the Carribean
failure:
- henry turned down giving him patronage, columbus then gave spain lucrative trade

35
Q

was henry v11 succesfull with exploration in terms of John Cabot?

A

sucess:
- in 1497 cabot set out a second time and after a journey lasting 5 weeks land was insight, the banners of the pope snd henry were planted somehwere in newfoundland
failure:
- his first venture in 1495 was a disaster as henry have them £50 for voyage but would not commit hismelf to further support untill he had proof of success, unfortunately a storm rendered the voyage a disaster
- cabot never returned after the ‘97 voyage as he died on the way home

36
Q

was henry v11 succesfull with exploration in terms of sebastian cabot?

A

sucess:
- with the blessing of henry he tried to seek a north-west passage around america to asia. cabot sailed past the south tip of greenland and across the davis strait finding an opening on its furthest side, he then found himself in open sea. cabot believed that he had found an opening to the east by sailing in the north wesrterly direction
failure:
- because of dangers of drifting ice, he was forced to turn back by his crew, but by the time he gets back henry is dead
- sails into the hudson bay

37
Q

did England face prosperity or depression?

A
  • apart from a temporary rise in the 1480s, prices seem to have remained steady. the evidence suggests that much the same happened to wages. on the other hand, there does appear to have been a decline in the export price of wool and in the price of grain and animal products in the 1490s. this might imply a reduction in farming profitability at this time but also rising real incomes for domestic customers.
  • both building workers and agricultural labourers were, on the whole, better off during the 1490s than they would be at any other time during the Tudor period
38
Q

evidence to support England’s depression/prosperity?

A
  • in 1480-89, the price of consumeables was 116 and the purchasing power of wage rates of a builder would be 93
  • in 1490-99, the price of consumables was 101 and the purchasing power of a builder was 103
  • in 1500-09, the price of consumables was 104 and the purchasing power of a builder was 96
  • in 1510-19, the price of consumables was 111 and the purchasing power of a builder was 88