Henry VIII Trade
- Created by: Wolfgurl118
- Created on: 10-04-18 10:11
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- Henry VIII Trade
- Trade
- Volume of English Trade increased
- Cheaper fabrics increased e.g. Kersey
- Woollen industry grew- keep up with demand
- Leading route for exports- cloth from London to Antwerp- then to customers in Europe and Baltic
- Operated on a domestic basis
- Exploration
- HVIII uninterested in exploration and made no attempt to build on early achievements of Cabot
- Agricultural Revolution
- 1520's agricultural prices rose- increase in farming income, enhanced by practice of engrossing
- Some people made homeless by engrossing
- Enclosure continued but with bulk of damage taking place before 1485
- Inflation
- Debasement of the coinage created an artificial short-term boost in 1544-6 but with long term cost to living standards
- Real Wages began to decline
- Prosperity and Depression
- 1525 population grew, decline in rate of mortality
- Increase in population- society became polarised
- Upper part of society became richer, but poor became poorer
- Bad Harvests 1520-1 and 1527-9 led to increase in food prices, almost doubled- problem for urban workers
- Growing unemployment amongst rural labourers
- Trade
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