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What had increased under Henry VIII?
Rate of inflation - marked reduction in real wages especially for those of the lower pay spectrum
Why had the rate of inflation increased under Henry VIII?
population increase from 1525 - more food needed, rich richer, poor poorer
agriculture prices had raised - growth in engrossing
debasement of the coinage created a short-term artificial bloom in 1544 & 1545 - causing inflation & impacted real wages
growing number of unemployed
more homelessness: engrossing
impact of enclosure - could not be managed even 1534 legislation to limit sheep ownership was ineffective
How did Somerset follow in Henry VIII’s legacy in terms of his economic policies?
continuing of Henry VIII’s legacy of debasing the coin - fund war against Scotland
raised £537,000 heightened inflammatory pressure and added social issues
What happened in 1548 which led to more pressure on Somerset?
poor harvest
What are 3 economic factors which helped bring about discontent during Somerset’s period of rule?
inflationary pressure
agrarian issues - particularly enclosure & harvest failures
taxation
Who influenced Somerset’s social and economic policies?
John Hales
How did John Hales influence Somerset’s social and economic policies?
claimed enclosure was the root cause of many of the countries social and economic problems
What did Somerset do, similar to Wolsey, about enclosure?
agreed to set up a commission to investigate the problem - issues a proclamation against enclosure
What was the outcome of Somerset’s commission against enclosure?
enclosure commissioners were duly appointed, but little was achieved
only raised expectations of the poor and annoyed landowners
despite controversy - rate of enclosure seemed to have slowed down
How did taxation cause discontent amongst England under Somerset?
money raised to pay for Scottish war - mostly financed by land sales and borrowing
added long-term problems of crown finances
How did the Taxation for the Scottish War increase the amounts of enclosure?
perceived that profits which could be gained by converting land from arable to pasture used to graze large flocks of sheep
provide wool and cloth for the export markets
What did Somerset introduce to try to solve the problem of enclosure?
Sheep tax
When did Somerset introduce his Sheep tax?
March 1549
What was Somerset’s intention with the introduction of a Sheep tax?
intended to deter the conversion of arable land to pasture - as well as enclosure and driving out the poor: application made some social sense
e.g. East Midlands proved a significant burden to hill farmers who struggled to make a living from sheep farming on highlands such as Exmoor and Part moor