Economic Conditions (OCR A-Level History A): Flashcards

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Economic Conditions
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Debt inherited from Mary I (1558)

£227,000

Where nearly half of 1558 debt was owed

Antwerp Exchange

England's inflation rate 1558-1603

75%

Year Elizabeth was free of debt

1574

Year of Statute of Artificers

1563

Year overseers introduced for poor relief

1598

Year Spanish War began

1585

English debt after Anglo-Spanish War

£350,000

Interest rate limit set by Act against Usury (1571)

10%

Main English export commodity

Cloth

Centre of world trade for English exports

Antwerp

Year of Elizabethan Poor Law & how long it lasted

1601; over 200 years

Apprenticeship length in Statute of Artificers

Seven years

Fake beggars who faked mental illness

Abraham men

Year of Elizabeth's Golden Speech

1601

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