ECONOMIC DEVELOPMENT

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ECONOMIC

10% POPULATION URBAN DWELLERS

URBAN WOOL CLOTH MAIN INDUSTIRES

HERNY VII PERSONAL WEALTH - NO SPECIFIC ECONOMIC POLICY

ACTS OF PARILIMENT DEALT ECONOMIC MATTERS AS RESULT OF PRIVATE LOBBYING MERCHANTS 

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ARGARIAN ECONOMY

INCOME LAND DECLINED BLACK DEATH 1300S

RECOVER 1480S POPULATION INCREASE

SHEEP FARMNIG REFLECTION DEPRESSED PROFITABILITY - ARABLE - IMPROVED PROFIT SHEEP INCREASE DEMAND WOOL

MIXED FARMING MOST COMMON WITH PASTORAL COMMON WOODLAND AREAS

EFFICENCY GAINS IMPROVED PRODUCTION & PROFIT - PEASENTS LOST ACCESS LAND & COMMON RIGHTS

NO SIGNIFICANT CHANGE END 15TH CENTURY

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CLOTH TRADE

90% VALUE ENGLISH EXPORTS

INCREASE 60% VOLUME DURING HENRY REIGN

LEAD DEVELOPMENT WEAVING - OFFERED EMPLOYMENT RURAL SUPPLEMENT ARGARIAN INCOMES

INCREASING PRORTION EXPORT THROUGH MERCHANT ADVENTURERS

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MERCHANT ADVENTURERS

FOUNDED 1407 DOMINATED WEALTHIEST & INFLUENTIAL COMPANY

DOMINATION CLOTH MATCHED WOOL BY MERCHANTS CALAIS 

USED THEIIR EXPERTISE NEGOTITIATING TREATIES - INTERCURSUS MAGNUS 

UNABLE OVERCOME TRADING PRIVELEDGES HANSEATIC LEAGUE WHICH REASSERTED TREATY 1497 & 1504

HENRY AGREE REASSERT ENSURE HANSEATIC LEAGUE OFFER NO SUPPORT YORKIST CLAIMENT - EARL OF SUFFOLK

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OTHER

ENGLAND REMAINED DEPENDANT CLOTH

GERMANY & BOHEMIA SUPERIOR MINING / SPANISH & PORTUGEESE SUPERIOR SHIP BUILDING

MOST INDUSTRIES E.G. WEAVING REQUIRED MINIMAL CAPITAL INVESTMENT E.G. PROVIDE NECESSITY 

MINING REQUIRED MORE CAPITAL REMAINED FAIRLY SMALL SCALE 

COAL SHIPPED LONDON MEET GROWING DEMAND DOMESTIC & INDUSTRIAL FUEL

DEVELOPMENT BASIC PUMPING RECORDED DURHAM 1486 

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