henry 7th economy

Cards (9)

  • what was the trade
    • no obvious trading link
    • henry was an opportunist he saw whatever as an opprtunity
    • Secondary purose
  • what was the france economic policies
    • in 1486 - henry renogotiated a treaty with franxe rhat removed all restrictions on franco-english trade
    • issues in brittany jeopordised this meaning trade was secondary
    • it was not until 1497 that the treaty fully came into being and english merchants enjoyed unrestircted trade with fance
  • what were italys economic policies
    • not a unified country
    • venice dominated the trade in luxary goods in the meditaranian
    • wanted to develop stronger ties with florence so henry encoraged merchants to trade in the religon as vanetians were dominant
    • in 1488 a few english merchant ships return to england with a carg of malsey
    • in retaliation fo this encroachment on want venetians demed to be their trade
    • in 1490 a treaty was signed the provided for the english would to be imported into the main port of florence
  • what was spains economic polices
    • the treaty of medina dek campo 1489
    • trading had low rate taxes for both sides
    • spain never allowed the english to become involved in the new worldd as spain had different links with those in the new world
  • what was the hanseatic league
    • dominanted trade it limtied erchant adventures
    • it led to people being in similar guild
    • the main trade was cloth trading
    • the company had members from york,norwhich exeter ect.
    • under henry 7th merchants who werent from london complained about restrict of trade as london copanies put a £20 fine on but henry reduced it too 10 cents
  • what was the impact on english economy
    • change in farming as there was increase in pastoral farming compared to arable farming
    • increased in getting doof from animals especially in the 1480 and 90s
    • cloth was 90% of the export and jack lander estimates this increased by 60 %
  • what were the other industries
    • germany were superior in mining and metallurgy
    • spanish portugease and dutch superior in ship building
    • breawing and weaving on a small scale
  • what were the navigation acts
    • 1485 and 1489
    • encorage english shipping
    • english ships should carry certainproducts to and from english ports
  • exploration
    • england was slower then spain and portugal
    • john cabot and bristol fish merchants pushed out of icelandic water