The Golden Age of Elizabeth I

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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?

  • Mercantilism (correct)
  • Capitalism
  • Feudalism
  • Socialism

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?

  • 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?

<p>English mercantilism (D)</p> Signup and view all the answers

What was the population of England in 1500?

<p>Less than three million (B)</p> Signup and view all the answers

What was the impact of the skyrocketing cost of land and stagnated wages in England during this time period?

<p>All of the above (D)</p> Signup and view all the answers

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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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