Ferdinand and Isabella Trade and Commerce
- Created by: _bella_
- Created on: 14-01-19 09:13
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- Ferdinand and Isabella Trade and Commerce
- The Mesta
- Strengths
- Enough wool to trade with other European countries
- Gave F+I full control on wool trade allowing them to extend tax on sheep
- Good source of rev. for Crown
- Weaknesses
- Relied on wool trade which showed weakness in economy
- Farming suffered at expense
- Led to food shortages
- Investment in sheep meant uneven economic development
- trade only benefited northern ports
- Sheep Farming; mainly Castile
- Strengths
- Economic Disunity
- Different coins
- Castile was stronger due to the New World, trade and resources
- Agriculture growing rapidly as pop. expanded
- Farmers not taxed if crops failed
- Castile and Aragon
- Shared coin unity later on in reign
- Consulado set up in Burgos to ship wool
- 1511- Royal ordinance made to improve quality if cloth
- Good trade in grain
- 1505-Decree to increase trade across Spain
- Due to 1502 bad harvests led to control over prices
- This was to stop profiting hoarding due to increased demand
- Poverty
- Causes
- Rising pop.; pressure on land, food and jobs
- People moved for jobs which they weren't skilled for
- Sickness
- Old-age: skilled workers couldn't work
- Rise in food prices- 100% rise in price
- 30-40% rise in wages creating inequalities
- 1504; 95% of pop. were poor
- Failing harvest
- Solutions
- Some charities could help the poor
- Benefactors supplied money for hospitals
- 'Peasant aristocracy'; Countryside/ towns had work as traders
- However they easily fell into debt
- Causes
- The Mesta
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