economy

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Last updated 9:11 AM on 5/19/26
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4 Terms

1
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how did e tackle debasement?

1560 = full coinage re-evaluation

2
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how did elizabeth tackle rising wages

statute fo artificers 1563

  • regulate wages = assessed annually by JPs

  • regulate apprenticeships = ensured proper training (7 years minimum)

  • through national framework

  • restored confidence in english currency

3
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poor law 1563

  • strenghtened parish poor relief

  • compulsory contributions

4
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cloth trade

  • crashed in 1551, unstable under mary

  • partial recoery

  • philip temp bans english cloth imports 1563 = trade tensions

vulnerable english exports to political decisions of spain