Henry VII - Economic ,Trade, Exploration , Prosperity and Despression

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  • Created by: Henners
  • Created on: 20-01-16 15:20
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  • Economic development: trade, exploration, prosperity and depression.
    • Economic Development and Trade
      • 90% of England export trade was via wool or cloth.
        • Finished cloth then became the most direct popular product.
          • The wool travelled through; Boston, Lyn, Yarmouth then exported from Calais (called merchants of the Staple).
          • As a result of this shift, the process of fulling was more in demand. As fulling was a process which can be done at home, as a result the industry offered opportunities for rural employment to supplement agrarian incomes.
      • Whilst Henry VII was monarch, he bumped up the economy by 60%
    • Prosperity and Depression.
      • 1480's - 1490's England moved towards sheep farming.
        • Causes England to be divided into a Highlands zone and a Lowlands zone.
          • Mixed Farming: A system of farming which involves the growing of crops as well as the raising of animals as livestock. This was found in the Low Lands.
          • Pastoral Farming: farming involving the rearing of animals - either for animal by-products such as milk, eggs or wool, or for meat.
        • Sheep farming provided more income than renting out houses
    • 1485 & 1489 Navigation Acts.: Encouraged English shipping by trying to ensure that only English ships should carry certain products to and from English ports
  • The Hanseatic League: a group of free cities which came together to form a commercial union. between the 13th and 15th centuary they domintated european trade
    • They stopped the Merchant adventurers from dominating, however Henry VII needer their connections.
      • Merchant adventurers exported cloth from London to Antwerp.
    • Economic development: trade, exploration, prosperity and depression.
      • Economic Development and Trade
        • 90% of England export trade was via wool or cloth.
          • Finished cloth then became the most direct popular product.
            • The wool travelled through; Boston, Lyn, Yarmouth then exported from Calais (called merchants of the Staple).
            • As a result of this shift, the process of fulling was more in demand. As fulling was a process which can be done at home, as a result the industry offered opportunities for rural employment to supplement agrarian incomes.
        • Whilst Henry VII was monarch, he bumped up the economy by 60%
      • Prosperity and Depression.
        • 1480's - 1490's England moved towards sheep farming.
          • Causes England to be divided into a Highlands zone and a Lowlands zone.
            • Mixed Farming: A system of farming which involves the growing of crops as well as the raising of animals as livestock. This was found in the Low Lands.
            • Pastoral Farming: farming involving the rearing of animals - either for animal by-products such as milk, eggs or wool, or for meat.
          • Sheep farming provided more income than renting out houses
      • 1485 & 1489 Navigation Acts.: Encouraged English shipping by trying to ensure that only English ships should carry certain products to and from English ports

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