Topic 4 Economy, trade and empire 1625-88

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1

enclosure

increased after 1660 though some areas like Oxfordshire still prospered without enclosure

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2

water meadows

ground is always kept wet by using irrigation- used for hay and animal grazing

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3

specialised farming

improved economic conditions for farmers- prevented poor harvests

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4

1662 Settlement Act- employment implications

landowners could hire people from other parishes just for the harvest without having to contribute to poor rates

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5

increased number of markets

meant better infrastructure

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6

use of horses on farms

1600- 300,000

1700- 630,000

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7

1663 Turnpike Act

created new toll roads

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8

1657

stage coaches developed- used for communication

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9

London cloth exports

1660- £1.5 million

92% of exports from London in 1640

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10

protestant immigration- impact on cloth trade

dutch immigrants were able to make light draperies so didn’t need to be sold on

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11

reasons for London’s economy growth

  • banking and insurance industries based there- more employment and capital for merchants and businesses

  • centre of legal system

  • improved infrastructure and the Thames

  • skilled and educated workers would move to London

    • high number of markets

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12

enclosure impact on economy

Mixed social conditions- Sherringdon and Buckinghamshire, people enclosing and lost to larger enclosures due to debt

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13

farming techniques

better educated yeomen and husbandmen- understood about nutrition of crops- crop rotation

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14

farming techniques impact on economy

increases productivity of farms

9 million acres by 1700 and new crop types meant food could be grown for longer periods throughout the year

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15

water meadows impact

allowed for grazing

resisted frost

allowed for selective breeding

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16

development of specialised farming and growth of employment

north developed for livestock, south- arable

1 million labourers by 1688 from 364,000 families

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17

impact of specialised farming and growth of employment

farmers can concentrate on farming their lands strength and therefore increase yield

employment of the poor on large farms became a more stable form of employment

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18

capital investment in agriculture

post 1650- large farms could be invested in due to population growth slowing and deflation of the currency

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19

capital investment in agriculture impact on economy

yield increases as Midlands had 53% of agricultural land in large farms compared to 32% 100 years before

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20

development of national markets

transport increased to facilitate demands for food. Roads took off after 1650 (Turnpike/stage coaches)

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21

development of national markets impact on economy

better organised markets for selling goods because of transport but mixed as it did not devlop in Ireland/Scotland.

reduced living standards in rest of south east

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22

when was first road atlas published allowing for roads to become more easily navigable?

1675

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23

consequence for huge demand for food in London for small towns elsewhere?

drained resources available for small towns

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24

what is capital investment?

investment by higher gentry and aristocracy to bring modernisation

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25

literacy in yeomen and husbandmen

increased after 1600 meant they could write books about new techniques

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26

navigation acts aims

weaken Dutch monopoly

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27

when was coffee house opened

1688 by Edward Lloyd

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28

two companies set up for Fire insurance

1681- Fire Office

1683- Friendly Society

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29

Jamestown Virginia

lucrative tobacco trade, 1607

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30

Carribbean

Spanish sea power declined in 1620s- Britain occupied Barbados and Antigua- sugar

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31

1651 Navigation Act

goods imported to England and English territories must be carried in English ships, crews must be half english

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32

significance of Navigation Acts

represented victory of national trading interests over interests of private companies

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33

1660 Navigation Act

confirmed earlier legislation

banned exports from being carried in foreign ships

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34

when does England secure control of Jamaica?

1660

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35

First Anglo Dutch war

1652-54

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