finances - ordinary 0.0 / 5 ? HistoryBritish monarchy - Tudors and StuartsA2/A-levelOCR Created by: boogluvrCreated on: 21-06-21 21:41 why was financial security important military-wise? if he needed to raise an army as he had no standing army 1 of 16 crown lands revenue richard iii vs henry vii Richard - £29,000 henry - £11,700 2 of 16 what did he have to use loans to pay for? his marriage and his coronation 3 of 16 define ordinary revenue? money that was collected regularly, without the need to obtain the permission of Parliament 4 of 16 what are crown lands? Lands held by the King by inheritance or confiscation from traitors 5 of 16 how much did henry increase crown lands compared to henry vi? 5x more 6 of 16 what contributed to the crown lands? - 1486 Act of Resumption - seizure of land from attainders 7 of 16 from 1485 and 1490, how much did income raise by? £29,000 to £42,000 8 of 16 what are custom duties? tax on trade 9 of 16 how much did henry raise in custom duties compared to edward iv? £33,000 to £40,000 vs £70,000 per annum. 10 of 16 whats a possible explanation for this difference? smuggling was a problem relationship with European powers was not always great 11 of 16 what are profits of justice fines for criminal acts 12 of 16 whats an example of the king exploiting profits of justice? Cornish rebels or the Earl of Northumberland was fined £10,000 for ****. 13 of 16 what are feudal dues? The tax imposed on certain things e.g. land, marriage 14 of 16 how much did his feudal dues income raise over his reign? £350 per annum in 1487 to over £6000 in 1507 15 of 16 what are bonds and recognisances written agreements in which people promised to pay a sum of money if they failed to carry out their promises + debts 16 of 16
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