- Created by: mrevv
- Created on: 31-10-19 14:39
System of taxation
- Must have been wealthy to be invaded
- 112 towns, with more specialised trades
- Geld administered by shires and hundreds
- 2 shillings per hide each year
- Total= £6000 a year
- ASC records more being raised to pay off Danes, 137k from 991 to 1012
- Nobliity kept extra money after threat subsided
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Royal mints and the silver penny
- Pounds, shillings and pence, with 1p being 1 day's work
- Authorised by the king with his head.
- 9 million pennies in circulation by 1066
- 2/3 of coins found were from other towns showing trade
- Foreign coins were forbidden
- Coins replaced every 5 years, King kept 15% of the old coin value
- Coins were exported from Germany, in exchange for wool and cloth.
- Welsh and Scottish coins weren't standardised so there was less urban trade.
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Coastal towns and overseas trade
- Scandanavia, Flanders, Germany, Normandy, Spain
- Pottery, cloth, glovese, wine, amber, millstones, gems and spices
- Swords of tempered Spanish steel and German mail coats
- Exported cheese, ham, salt, smoked herrings, wool and leather
- Net importer of silver to the thanes
- Southhampton, London, Lincon, Cambridge, Norwich and York used
- Close to estuaries, sloping beach and communications inland.
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Urbanisation and the growth of trading centres
- Stable political environment, settled population, regular material supply, trading contacts, food
- Only 10% lived in towns, developed from burhs with law codes and urban markets
- They sold items such as wool, leather, pottery, pots, tools, salt and canles.
- Trades such as butchers, tanners and goldsmiths appeared.
- York shows amber and jet rings: Norwich shows Yarmouth herrings as specialism.
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