Real Causes Of Poeverty In 1549 Flashcards
(7 cards)
When was the vagrancy act and what did it do
1547, punished vagrants severely added to resentment felt by poor
When we’re the poor harvests
1545,1549
How much did population grow
2.3 million - 3.0 million
By the European cloth market booming what did this encourage
More landlords to turn to sheep farming
What was the issue with the growing instability of Antwerp cloth market
Antwerp a major centre for cloth production when became to decline many workers / labourers faced loosing jobs
What was debasement
Process whereby gold and silver coinage melted down and mixed with less expensive metals used to make an increased number of coins
What was the issues with debasement
Led to economic problems as gold and silver was mixed with base metals reduced confidence in English currency led to merchants putting up thier prices adding to problem of inflation