Elizabeth - Prosperity and Depression Flashcards
(18 cards)
What was one of the major economic impacts of Henry VIII and Edward VI’s policies?
Landowners profited from the fire sale of church land
This refers to the dissolution of monasteries and redistribution of land during the Tudor period.
What effect did Elizabeth I’s reign have on economic stability?
Aided economic confidence
Economic stability is often linked to Elizabeth’s policies and the socio-political environment of her reign.
What significant construction trend occurred during Elizabeth I’s reign?
Building boom of unprecedented scale
This boom was driven by increased economic confidence and stability.
According to William Harrison’s 1577 Description of England, what improved conditions for farmers?
Increased agricultural prices
Harrison’s description highlights the economic conditions of the time, particularly in agriculture.
Which region saw the most improvement in agricultural conditions during Elizabeth’s reign?
South-East
The South-East experienced better agricultural conditions compared to other regions.
What was the debate among historians regarding the impact of trade in the early 20th century?
Successes because of increased shipbuilding
Early historians viewed trade positively, attributing growth to shipbuilding advancements.
What did later 20th-century historians argue about the trade situation?
Desperation due to less cloth trade and stronger competitors
This reflects a shift in historical interpretation regarding economic challenges.
How did the fate of old cities vary during Elizabethan times?
Dependency on cloth trade
Cities like York were less dependent on cloth trade compared to cities like Winchester.
Name two new manufacturing towns that rose during Elizabeth’s reign.
- Manchester
- Plymouth
These towns emerged as important centers for manufacturing and trade.
What city became an industrial powerhouse during Elizabethan England?
London
London’s growth was fueled by trade and industrialization.
How many poor harvests occurred under Elizabeth’s reign?
9 out of 44 harvests
This statistic illustrates the agricultural challenges faced during her reign.
What was particularly severe about the poor harvests in the 1590s?
4 successive poor harvests from 1594 to 1597
These years marked a critical food shortage crisis.
What was the impact of poor harvests on Newcastle?
Starvation in rural and urban areas
The city faced significant hardship due to its population of poor residents.
What did the corporation of Newcastle report regarding the homeless during the poor harvests?
Burying 25 homeless people presumed to have starved
This highlights the severe impact of famine on the population.
Which areas prospered during Elizabethan England?
Wealthier areas in the south, especially the South East
Areas like London thrived economically.
What was the main focus of Elizabeth’s economic policies?
Keep public order
Economic efficiency was not the primary concern during crises.
What legislation did Elizabeth pass regarding economic policy?
Statute of Artificers
This law aimed to regulate labor but became quickly redundant.
What relationship was fostered during Elizabeth’s reign that aided economic expansion?
Closer relations between landed nobles and merchants of London
This collaboration laid the groundwork for joint stock companies.
