Economic Developement In The Reign Of H8 Flashcards
Increase of imports + exports? (2)
Almost doubled during H8 reign
Increase in imports for wine = suggests spending power increased
Ports impacted negatively (2)
Increased cloth exported through London to Antwerp
Bristol, hull and Boston negatively effected
How did industry operate (4)
Large domestic basis
Children = carding wool
Women = spinning
Men = weaving
How many blast furnaces + when + for what
26
Middle of 1500s
Produce iron ore
Prosperity (3)
Debasement = short term artificial boom in 1544 to 1546 but long term cost to SoL
Agricultural prices rose from 1520s = increase in farm incomes
Population grew from 1525 onwards = decline in mortality rate
Depression (3++)
Bad harvests = increase in food prices = almost doubled across H8 reign
Half the pop of Coventry recorded as having no personal wealth + same for 1/3 of Yarmouth
Some made homeless because of engrossing
When bad harvests (2)
1520-21
1527-29
What is engrossing (2)
Joining together of two or more farms to make a single agricultural unit
Improves efficiency but renders people homeless
How many enclosures
188 found to enclose illegally in 1517 after commission by Wolsey
Population growth mean - bad (2)
Strain on food supply = difficult to meet rising demands
Polarisation of community = poorer became poorer and rich, richer
What percentage of English cloth exports were carried in English ships
70%
On average how many people were moving from rural areas to London each year
5000
What percentage of people lived off the land as subsistence farmers
90%
Positives of trade (2)
Cloth trade increased 125%
Wool exports doubled
Positives of industry (3)
Growth in mining industry = Cornish tin, lead mining in Pennines + coal in NE of England
Entrepreneurs made huge profits = William Strumpe of Malmesbury = became MP
Much of production of wool = domestic = growth
