AS FP1 : Edward VI, Economic and Social problems under Somerset

Question 1

Conceptual Awareness

What were the economic factors that brought about discontent during Somerset’s reign?

Answer 1

• Inflation,
• Agrarian Issues
• Taxation
  There had been increasing inflation during the last years of Henry’s reign, with a significant drop in real wages, things grew worse under Somerset.

Question 2

Why did inflation get worse under Somerset?

Answer 2

Somerset debased the coinage to go to war with Scotland, raising £537,000 but adding to inflation and social distress.
A poor harvest in 1548 added to pressures.
Rising Population
Rising price of foodstuffs
Real wages did not keep in time with inflation

Question 3

How did Somerset attempt to deal with enclosure?

Answer 3

Enclosure had grown to be a massive political issue, he issued a proclomation in June 1548 that sent out commissions surveying enclsoure. A 5% tax was put on sheep and cloth (1549).

Question 4

What were the downfalls of Somerset’s economic policies?

Answer 4

Gentry landowners (whom the crown relied upon for support) were angered ; there was fury among rich and the poor ; landowners feared enclosure would limit their scope for enterprise and wealth ; poor felt let down and the sheep tax created huge financial pressure on small farmers in upland areas who had little choice but to rely on sheep for subsitence.

Question 5

What financial + social problems were caused by the war with Scotland?

Answer 5

Taxation caused discontent, money for Scottish war was paid through borrowing and land sales which added to the Crown’s long-term financial distress.