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What did Edward IV do to increase his wealth?

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He reorganized the revenues of the crown lands (now greatly expanded by the addition of the Yorkist estates) and promoted trade, benefiting from the increased customs revenues. His resulting wealth allowed him to be largely independent of Parliament, and he developed many of the absolutist precedents inherited and utilized by the Tudor monarchs.

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Similar questions: How did Edward IV's wealth influence his ability to reign? What was the result of Edward IV's achieving much wealth? [ Hide these questions ]

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