Trade And Exploration Flashcards

(6 cards)

1
Q

TRADE
GOOD
2

A
  1. Cloth dominating
  2. Imported wine (success)
    Both Netherlands
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2
Q

TRADE
BAD

A

London too dominating and bad for both

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3
Q

EXPLORATION

A

Henry didn’t explore
Sebastian Cabot no royal support and left for Spain

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4
Q

OVERALL
GOOD
2

A

•population grown
•agriculture prices raised - good for peasants / farmers

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5
Q

OVERALL
BAD
4

A

•starving
•bad harvests so prices rose
•disposable income declined
•debasement of coinage

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6
Q

DEBASEMENT OF COINAGE

A

Coins melted valuable metals out and replaced with cheap stuff
-inflation - coins worth less now

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