finance and economy (1450-61)

Question 1

how much did Henry owe in total?

Answer 1

372,000

Question 2

what did the loss of Normandy in 1450 cause?

Answer 2

• lost money for nobles

- cades rebellion

Question 3

how did Henry try to undo the patronage he gave out?

Answer 3

acts of resumption in 1450 and 51

Question 4

when was somersets attack fougeres and what did it cause?

Answer 4

• 1449
• reignite french war
• loss of all French land

Question 5

how much did Henry owe to cardinal Beaufort and york?

Answer 5

• 200,000

- 38,000

Question 6

what did the treaty of tours do in 1444?

Answer 6

• • give back Maine
• henry to marry Anjou
• no dowry and England pay for the wedding

Question 7

how did Henry lose a lot of money?

Answer 7

spending on jewels, castles, schools, and religion

Question 8

what religion and education did henry donate money to?

Answer 8

• prairie at Wallington

- eton and kings college

Question 9

when did the great slump begin?

Answer 9

• mid-1450’s

- especially affected the welsh recession

Question 10

who lent money to Edward before towton but not Henry?

Answer 10

merchants, and church

Question 11

what did york lower outgoing money from the crown to in his first protectorate?

Answer 11

from 23,000 to 5,995

Question 12

what did Warwick’s piracy allow him to do?

Answer 12

pay troops in Calais and keep them loyal

Question 13

what did the act of attainder do with possessions?

Answer 13

took money, land, and possessions but this wasn’t its main purpose