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Questions and Answers
During Elizabeth I's reign, England experienced a period of economic expansion and trade due to the implementation of which system?
During Elizabeth I's reign, England experienced a period of economic expansion and trade due to the implementation of which system?
- Mercantilism (correct)
- Capitalism
- Feudalism
- Socialism
What was the population of England in the middle of the seventeenth century?
What was the population of England in the middle of the seventeenth century?
- Less than 3 million
- More than 7 million
- Around 5 million (correct)
- Over 10 million
What were the effects of the skyrocketing cost of land and stagnated wages in England during this time period?
What were the effects of the skyrocketing cost of land and stagnated wages in England during this time period?
- Increased farming income
- Unsettled the English population (correct)
- Stimulated economic expansion
- Decreased population
What was the main factor that contributed to the economic expansion and increased wealth in England during Elizabeth I's reign?
What was the main factor that contributed to the economic expansion and increased wealth in England during Elizabeth I's reign?
What was the population of England in 1500?
What was the population of England in 1500?
What was the impact of the skyrocketing cost of land and stagnated wages in England during this time period?
What was the impact of the skyrocketing cost of land and stagnated wages in England during this time period?
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Study Notes
Elizabethan Economic Expansion
- Mercantilism was the economic system implemented during Queen Elizabeth I's reign, fostering economic expansion and trade.
Seventeenth-Century England
- England's population in the mid-seventeenth century was approximately 5.5 million.
Impact of Land and Wages
- The skyrocketing cost of land and stagnant wages during this period resulted in increased social tensions, as many people struggled financially, particularly those in rural areas.
Contributing Factors to Expansion
- The increase in trade, particularly through colonial ventures and exploration, was a key factor in England's economic expansion and wealth during Queen Elizabeth I's era.
Population in 1500
- England's population in 1500 was estimated to be around 2.75 million.
Social Implications
- The disparity between the rising cost of living and stagnant wages contributed to profound social unrest, particularly amongst the rural peasantry.
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