However, it has often been said of Henry, 'No man has ascended to the throne with such a lack of financial experience and resources as Henry VII.' S. B. Chrimes. I think Henry was successful in increasing wealth of the crown, this is because Henry used ordinary revenue fairly well, for example the crown lands. These were this kings most important source of revenue. Henry VII had more crown lands than any previous king and some lands had been confiscated under the acts of attainder meaning more money for the crown.
How strong was the monarchy on the death of Edward IV? Throughout the reign of Edward IV, he faced many problems with things such as securing his dynasty, his brother George Duke of Clarence, finance, law and order, and foreign policy. The ways in which he dealt with these issues could have left the monarchy in a very bad position following his death. When Edward died in 1483 he left £1,200 in the treasury . this shows that the main strength of the monarchy following the death of the King was the element of finance, due to the fact that Edward was the first ever king to get the country out of debt for more than a century.
The English monarchy had never been one of the wealthiest of Europe and even more so after the War of the Roses. Through his monetary strategy, Henry managed to steadily increase wealth during his realm. Henry believed the nobility a problem as they had too much power. Henry outlawed the power of the nobility to raise armies themselves. This removed some of the nobility‘s power because they lost their military strength.
Henry VII had been a skilled diplomat and kept England out of major European conflicts. Therefore, Henry VIII inherited a state that was united behind the monarch, a state that had a decent European reputation, a monarchy that was wealthier than it had been for centuries, nobility that had been tamed and made to work for the Crown and a system of government that was competent and effective. Weaknesses Henry VIII inherited Henry VII was unpopular with his subjects as he took a lot of money away from the people of England. His Tax Collectors, Empson and Dudley were also unpopular due to their tactics of getting more money. All were greedy.
US industries were producing more goods then it could sell, this is bad because if the people are not buying goods it becomes useless and people needed to but them so that the economy grows but instead people didn’t buy because they had them already, therefore it was wasteful as no one wanted to buy, so it decreased the wealth of the economy. The most important reasons why the Wall Street crash happened were; the speculation ‘on the margin’, this was important because buying shares with a banks money and not being able to repay
He states many times that profits/supply & demand are leading causes for what makes too high for lower class people to afford. If companies didn’t try to make such a high profit then could the poor afford what they need? This is unfair and unjust because Lewis is saying the rich should reap the benefits of a thriving and successful business.
The Reformation Henry VIII was always looking for new sources of money. His father had become powerful by taking over the nobles' land, but the lands owned by the Church and the monasteries had not been touched. The Church was a huge landowner, and the monasteries were no longer important to economic and social growth in the way they had been two hundred years earlier. In fact they were unpopular because many monks no longer led a good religious life but lived in wealth and comfort. Henry disliked the power of the Church in England because, since it was an international organization, he could not completely control it.
Some historians say that Charles is totally to blame for this war, while some say that parliament is totally to blame for it. I am going to tell you about it. There were many reasons for why the king was to blame one of the reasons for why the king was to blame was because of his money problems. Charles was not good with money and always had very little. He had closed down parliament and had to think of ways of getting money without asking the parliament's help.
Jackson’s strong policies disturbed many people in his own party; they nicknamed him “King Andrew”. These debatable policies resulted in the loss of many supporters, although his actions were completely constitutional. To protect America, the exports of British goods to the U.S. were reduced, which resulted in the British buying less cotton. As a result, the south was forced to buy more expensive northern goods. The south felt that the north was getting richer at their expense.
By exiling the Huguenots he lost a lot of potential revenue, and the lavish building of Versailles was not cheap. Moreover, he did not have the revenue to keep up his enormous army and after the early 1680’s his success in wars went in a never ending downward spiral. Perhaps if Louis XIV had learned to manage his money better and not gone to war so readily, his subjects would have been happier and he would have had an even more successful reign, but without a doubt he still remains one of the most powerful rulers in