England 1547 - Economics

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  • Created by: Mary
  • Created on: 21-04-13 15:13
What was wanted from the war against France/Scotland?
Successful conclusion as a matter of pride, arrange marriage between Edward and Mary Queen of Scots
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What was religion like?
Tried to prevent change to 6 articles, pressure of Lutheran ideas, risk of catholic revival
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What was the state of Revenue?
1547 virtually bankrupt due to war, paid debts of 2.5 million by selling land, annual revenue dropped, didn't raise taxes but took land from the church
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Long-term problems
Increasing population increased inflation, threatened peoples living standards and wages not increasing, not enough work and lots of discontent
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What happened to Inflation?
Rose 400% over the century by 1549
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What were the causes of inflation?
Rising population, rising prices and rents, reformation, disase
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Other cards in this set

Card 2

Front

What was religion like?

Back

Tried to prevent change to 6 articles, pressure of Lutheran ideas, risk of catholic revival

Card 3

Front

What was the state of Revenue?

Back

Preview of the front of card 3

Card 4

Front

Long-term problems

Back

Preview of the front of card 4

Card 5

Front

What happened to Inflation?

Back

Preview of the front of card 5
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