Economic Turmoil in Henry VIII's England

This chapter examines the financial mismanagement and political instability during the reign of Henry VIII, particularly focusing on the debasement of currency in the 1540s. It discusses the resultant inflation and social unrest, as various societal groups struggled with economic hardship. Additionally, the chapter highlights the evolution of mercantilism and the importance of trade in addressing the economic challenges that laid the groundwork for the Industrial Revolution.