Economic Development Flashcards

1
Q

What was the population of England at the beginning of the 15th Century?

A

2.2 million

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2
Q

How much of the English population were urban dwellers?

A

10%

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3
Q

Where did urban dwellers live?

A

Towns

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4
Q

What was the population of London?

A

50,000

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5
Q

Which provincial town had a population exceeding 10,000?

A

Norwich

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6
Q

Which 3 provincial towns had a population between 8,000 and 10,000 people?

A

Bristol, York and Coventry

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7
Q

Why did sheep farming become more profitable than crop farming in the 1480s and 1490s? (3 reasons)

A
  • Increased demand for wool
  • Population growth
  • Trade overseas developed
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8
Q

What was the most common form of farming in the lowland zone?

A

Mixed farming

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9
Q

Where did pastoral farming dominate?

A

Woodland areas

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10
Q

What was open-field husbandry and where did it mostly take place?

A

Tenants farmed strips of land in open fields in the lowland areas

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11
Q

What was the consequence of improved production and profitability on peasants?

A

Lost their access to land and common rights (legal right of tenants to use common land), left destitute.

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12
Q

What percentage of English exports was the cloth trade responsible for?

A

90%

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13
Q

Which organisation was responsible for the trade exports of clothing the earlier part of the century?

A

Merchants of the Staple

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14
Q

How did finished cloth dominating the market increase job opportunities?

A

Industry offered popular for rural employment

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15
Q

Where was the cloth industry prosperous?

A

West Riding of Yorkshire, East Anglia, parts of West Country

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16
Q

Which organisation exported the increasing amount of finished cloth?

A

The Merchant Adventurers

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17
Q

Where was the commercial axis in England for exports?

A

Antwerp

18
Q

Why could the Merchant Adventurers not dominate trade completely?

A

The trading privileges that the Hanseatic League had that were reasserted in 1474 and again in 1504

19
Q

Where was tin mined?

A

Cornwall

20
Q

What was mined in upland areas?

A

Lead

21
Q

What was mined in Durham and Northumberland?

A

Coal

22
Q

Which countries did England have a small export trade for coal made with?

A

Germany and the Netherlands

23
Q

Where was iron mined and smelted?

A

The Weald of Sussex and Kent

24
Q

What was developed in 1486 that enabled greater production?

A

Basic pumping technology

25
Q

What was Henry interested in with his use of trade laws and treaties?

A

Customs revenue

26
Q

What was the biggest issue concerning trade for Henry?

A

His trade embargo with the Netherlands in 1493

27
Q

Which trade treaty ended the trade embargo with Netherlands in 1496?

A

Intercursus Magnus

28
Q

When did Henry panic about trade again and reimpose the embargo due to the claim of Earl of Suffolk?

A

1503

29
Q

What ended the trade embargo with the Netherlands in 1506?

A

Intercursus Malus

30
Q

When were trading restrictions removed?

A

1486

31
Q

When were most of the trading restrictions removed after the Treaty of Etaples in 1492?

A

1497

32
Q

What were 2 weaknesses in trading policy?

A
  • Mediterranean trade being a failure

- Hanseatic League limited trading interests in the Baltic

33
Q

What was the objective of the Navigation Acts of 1485 and 1489?

A

Encouraging English shipping by trying to ensure that only English ships could hold specific products to and from English ports.

34
Q

How useful were the Navigation Acts of 1485 and 1489?

A

Not very useful as foreign ships still transported products to their countries

35
Q

In which year did John Cabot arrive in Bristol?

A

1494 or 1495

36
Q

When did Cabot start to sail?

A

1497

37
Q

What did Cabot find?

A

Newfoundland and extensive fishing grounds

38
Q

Who may have set foot on American mainland in 1499 or 1500?

A

William Weston

39
Q

Who unsuccessfully attempted to find the ‘north-west passage’ to Asia in 1508?

A

John Cabot’s son, Sebastian

40
Q

In which decade was there a decline in export price of wool, grain and animal products?

A

1490s

41
Q

Prices and wages remained steady throughout his reign. True or false.

A

True.