1D.7.4.8 Social and Economic Reforms

• What type of economic policy characterized Britain before William and Mary's reign?

  Mercantilist
• Before William and Mary's reign, Britain had limited banking infrastructure
• What social structure dominated Britain before 1689?

  Aristocratic hierarchy
• Trade in Britain before William and Mary's reign was dominated by Royal Trading Companies.
• Which financial institution was established during William and Mary's reign?

  Bank of England
• During William and Mary's reign, the aristocracy benefited from trade liberalization
• The middle class saw the greatest economic advantages during William and Mary's reign.
• What role did the Poor Law of 1696 play in addressing poverty?

  Minimal relief
• Chronological order of key social reforms during William and Mary's reign

  1️⃣ Toleration Act of 1689

  2️⃣ Poor Law of 1696

  3️⃣ Regulation of Guilds
• What religious freedom did the Toleration Act of 1689 grant?

  Nonconformists
• The regulation of guilds during William and Mary's reign encouraged open competition
• What was the main focus of social reforms during William and Mary's reign?

  Social and economic landscape
• The Poor Law of 1696 standardized workhouses and parish-based welfare
• The Poor Law of 1696 effectively eliminated widespread poverty.

  False
• Which religious groups were excluded from the Toleration Act of 1689?

  Catholics and Jews
• The Toleration Act of 1689 granted religious freedom to nonconformists, fostering religious diversity
• Arrange the following social reforms in chronological order:

  1️⃣ Toleration Act of 1689

  2️⃣ Poor Law of 1696

  3️⃣ Regulation of Guilds
• Trade liberalization under William and Mary benefited the aristocracy by enhancing their wealth.
• Which social class saw the greatest advantages from economic policies during William and Mary's reign?

  Middle class
• The peasantry experienced limited relief through workhouses established under the Poor Law
• What was the primary purpose of the Bank of England Act (1694)?

  Modernize financial systems
• The Toleration Act of 1689 allowed Catholics to worship openly.

  False
• Match the social class with the impact of William and Mary's policies:

  Aristocracy ↔️ Enhanced wealth, affected by taxation

  Middle Class ↔️ Increased business opportunities

  Peasantry ↔️ Limited relief through workhouses
• What were the key social and economic policies enacted during William and Mary's reign?

  Toleration Act, Poor Law, Bank of England
• The aristocracy benefited from trade liberalization but were affected by taxation
• How did the middle class benefit from William and Mary's policies?

  Increased business opportunities
• The peasantry saw significant improvements in their lives due to William and Mary's policies.

  False
• William and Mary's policies addressed poverty, religious freedom, and economic regulations
• What did the Toleration Act of 1689 achieve?

  Religious freedom for nonconformists
• Before William and Mary's reign, Britain's economy was based on free trade and market capitalism.

  False
• What financial institution was established during William and Mary's reign?

  Bank of England
• Before William and Mary, Britain's social structure was dominated by an aristocratic hierarchy
• Match the social reform with its key feature:

  Poor Law of 1696 ↔️ Standardized workhouses

  Toleration Act of 1689 ↔️ Religious freedom for nonconformists

  Regulation of Guilds ↔️ Encouraged open competition
• Which religious groups were excluded from the Toleration Act of 1689?

  Catholics and Jews
• The Regulation of Guilds encouraged economic dynamism by limiting the power of guilds.
• The Poor Law of 1696 standardized workhouses and provided parish-based welfare
• The Toleration Act of 1689 granted religious freedom to Catholics and Jews.

  False
• What did the Regulation of Guilds during William and Mary's reign encourage?

  Open competition
• The Poor Law of 1696 standardized workhouses and provided parish-based welfare
• The Toleration Act of 1689 granted religious freedom to nonconformists but excluded Catholics and Jews.