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'The main reason for the development of London during the reign of Edward I was the King's need for money.' How far does a study of London around the time of Edward... show full transcript
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The development of London during the reign of Edward I can be significantly attributed to the King's need for money, although there are other contributing factors.
Firstly, Edward I implemented various financial systems to increase revenue. He ensured that London became a financial hub by centralizing taxation and employing the Exchequer, which collected royal funds more efficiently.
Secondly, Edward's need for resources to finance his military campaigns influenced London’s growth. The establishment of a stable income allowed the city to expand its infrastructure, including roads and markets, catering not only to the King’s immediate needs but also to facilitate trade, which further increased economic activity.
Additionally, Edward's financial ambitions led to the development of laws that provided for a more uniform and equitable taxation system. This attracted merchants and craftsmen to London, reinforcing its status as a key economic center.
However, while the King's financial goals were pivotal, social and political factors cannot be ignored. Edward aimed to strengthen royal power, which included maintaining public order and encouraging civic responsibility among the citizens of London. The citizens learned they could influence the Crown’s goodwill through their economic contributions, thus creating a relationship that was beneficial for both parties.
In conclusion, although the King's need for money was a primary reason for the development of London, it was interwoven with broader socio-economic changes, suggesting a multifaceted approach to understanding the city's growth during Edward I's reign.
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