Change and continuity in society (AQA A-Level History): Flashcards

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Change and continuity in society
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The Great Slump definition

Major economic downturn/depression in mid-15th century England

Three causes of the Great Slump

Shortage of silver, fall in international trade, poor harvests

Groups affected by the Great Slump

Magnates (nobility), woollen cloth manufacturers, manufacturing workers

Alien merchants in England 1460-70 (number)

3356

Where most alien merchants lived in England

London or Southampton (main trading centers)

Age threshold for alien subsidies tax

12 years old

Two top London guilds mentioned

Goldsmiths' Company and Grocers' Company

When Merchant Adventurers' Company contracted

By 1450 (due to Great Slump)

Average wool sacks exported annually 1465-69

Over 9000 sacks

Characteristic of English wool quality

Superior quality

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