Trade And Exploration Flashcards
(6 cards)
1
Q
TRADE
GOOD
2
A
- Cloth dominating
- Imported wine (success)
Both Netherlands
2
Q
TRADE
BAD
A
London too dominating and bad for both
3
Q
EXPLORATION
A
Henry didn’t explore
Sebastian Cabot no royal support and left for Spain
4
Q
OVERALL
GOOD
2
A
•population grown
•agriculture prices raised - good for peasants / farmers
5
Q
OVERALL
BAD
4
A
•starving
•bad harvests so prices rose
•disposable income declined
•debasement of coinage
6
Q
DEBASEMENT OF COINAGE
A
Coins melted valuable metals out and replaced with cheap stuff
-inflation - coins worth less now