The Economy in Mid-Tudor England (AQA A-Level History): Flashcards
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England's population in 1470
England's population in 1470
1.5 million
England's population by 1603
England's population by 1603
4 million
England's population at mid-century
England's population at mid-century
Nearly 3 million
Price rise across 16th century
Price rise across 16th century
400%
Price change 1500-1550
Price change 1500-1550
Doubled
Definition of inflation
Definition of inflation
Sustained increase in cost of broad range of goods/services
Five causes of Tudor inflation
Five causes of Tudor inflation
Govt spending, debasement, bullion, harvests, land sales
Great Debasement period
Great Debasement period
1544-1551
Modern historians' explanation for inflation
Modern historians' explanation for inflation
Population expansion
Good harvest periods in 1540s
Good harvest periods in 1540s
1537-1542 and 1546-1548
