Somerset v Northumberland economic

Question 1

Somerset - positives

Answer 1

title of ‘good duke’

efforts to stop enclosure

Question 2

enclosure commission run by Somerset

Answer 2

1548

Question 3

somerset - negatives

Answer 3

enclosure commission was hugely superficial and lack of progress led to the Kett rebellion in 1549
aggressive foreign policy worsened the economic situation as he had to debase the coinage. Somerset made little attempt to rectify the debt that Edward inherited

Question 4

Kett rebellion

Answer 4

1549

Question 5

Northumberland - positives

Answer 5

best with money over entire Tudor period
1. repealed sheep tax
2. reduced spending on foreign policy
3. Gresham’s Antwerp trade deal
overall reduced crown debt from 260,000 to 180,000

Question 6

how much did Northumberland reduce crown debt

Answer 6

from 260,000 to 180,000

Question 7

Northumberland - negatives

Answer 7

Dudley did have to debase the coinage in his first year to initially pull England out of debt - long term issues

Question 8

how much did Dudley’s debasement of the coinage bring in

Answer 8

114,000