Britain 1603-18; Finance the basics

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Crown lands
Crown lands were sold and rented to the public during James' reign.
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Purveyance
The right of the crown to buy goods for the royal household at discounted prices. Purveyance was open to abuse and widely attacked in Elizabeth's reign however it was part of the royal prerogative.
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Wardship
If a landowner died before his children reached 21 they became wards of the crown. The crown then sold the right to be a "ward of court" and whoever bought the land could make a profit out of the land until the children were 21.
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Impositions
Duties on goods entering or leaving the country, The impositions brought in £70,000 per annum but were controversial - Bate's case 1606.
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Monopolies
The crown sold the right to make or distribute a particular product.
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Forced loans
Crown compelling individuals usually from the gentry to pay the crown money. This often happened without parliament knowledge.
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Other cards in this set

Card 2

Front

The right of the crown to buy goods for the royal household at discounted prices. Purveyance was open to abuse and widely attacked in Elizabeth's reign however it was part of the royal prerogative.

Back

Purveyance

Card 3

Front

If a landowner died before his children reached 21 they became wards of the crown. The crown then sold the right to be a "ward of court" and whoever bought the land could make a profit out of the land until the children were 21.

Back

Preview of the back of card 3

Card 4

Front

Duties on goods entering or leaving the country, The impositions brought in £70,000 per annum but were controversial - Bate's case 1606.

Back

Preview of the back of card 4

Card 5

Front

The crown sold the right to make or distribute a particular product.

Back

Preview of the back of card 5
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