economy

Cards (52)

  • The number of days worked per agricultural family rose by over 150
    1450-1700
  • By 1650, peasants had accepted that accepting enclosure was the way to break out of the system of subsistence farming
  • Enclosure was proceeding briskly

    1660
  • There was a 2 million increase in acres of land for arable farming

    1420-1700
  • As a result of water meadows, the number of horses used on farms increased by 300,000
    1600-1700
  • 240,000 people were involved in skilled crafts

    End of the Stuart period
  • The Settlement Act, which enforced conformity of religious practices with the Church of England, was enacted

    1662
  • It was estimated that there were 1 million laborers

    1688
  • The large farms flourished as a result of capital investment
    After 1650
  • 54% of agricultural land was part of large estates greater than 100 acres

    1700
  • Some farms in 1700 were over 500 acres in size
  • Shipments of grain brought to London via the Thames increased by more than 8 million kilograms

    1605-1661
  • The first coaches from London to Bristol and Bath appeared

    1657
  • The first-ever road atlas was published, mapping out more than 7,500 miles of road

    1675
  • Prices for basic agricultural commodities were 6 times higher than they were in 1500 due to the demand for food in London
    1650
  • The putting-out system flourished

    1600-1650
  • The value of cloth exports rose significantly

    1560s-1660s
  • The value of textile exports multiplied by 15 times

    1400s-1700
  • Cloth accounted for 92% of exports out of London

    1640s
  • Cloth accounted for 72% of exports out of London

    1700
  • Over 1,200 Protestant Dutch immigrants arrived in Colchester

    1565-88
  • The foundation of the Dutch Republic occurred

    1581
  • There were 13,000 Dutch immigrants in England working in the cloth industry

    1585
  • In Colchester, the number of people employed in the textile industry rose by 15%

    1620-1700
  • France started a process of forced conversion to Catholicism, resulting in many skilled Protestants moving to England

    1685
  • London had a population of 400,000
    1650s
  • London's population increased by almost 200,000
    Second half of the 17th century
  • The East India Company was established
    1600
  • London was the hub of a European market

    1688
  • The Royal Exchange opened

    1571
  • The legal limit for interest rates dropped by 4%

    1570-1710
  • The Royal Mint was seized by Charles I

    1640
  • Goldsmith bankers were borrowing at 6% and lending to the crown at 10%
    Early 1670s
  • It became normal for ships from Holland to have marine insurance

    1657
  • Prices of marine insurance to all destinations dropped by 75%
    17th century
  • 22 million pounds of tobacco were being exported from North American colonies

    1700
  • The First Navigation Act was enacted, mandating that goods imported into England or its colonies must be carried on British-owned ships or ships from the exporting country

    1651
  • The First Anglo-Dutch War occurred

    1652-54
  • The Second Navigation Act was enacted
    1660
  • The Second Anglo-Dutch War occurred

    1665-67